Neighborhood Assistance Program
The Neighborhood Assistance Program (NAP) offers $2.5 million in tax credits annually for distribution by not-for-profit corporations. Organizations use NAP tax credits as an incentive to help them leverage more contributions from individuals and businesses for certain neighborhood-based programs and projects.
Eligible projects include affordable housing, counseling, child-care, educational assistance, emergency assistance, job training, medical care, recreational facilities, downtown rehabilitation, and neighborhood commercial revitalization. All projects must benefit economically disadvantaged areas and/or persons.
The NAP program follows the state fiscal year from July 1 to June 30. The maximum tax credit award per organization per fiscal year is $50,000.00. Tax credits are distributed to donors at 50% of the contribution amount and are subtracted from a donor's state income tax liability. Indiana Code 6-3.1-9 established the NAP program.
Want to learn more about the tax credits for your non-profit? Please contact the Real Estate Production Analyst in your area to learn about the NAP Credit program and the technical aspects of submitting an application. Please review the document below to locate your representative and their contact information.
- Click here for the Real Estate Production Analyst regional map.
2012-2013 Neighborhood Assistance Program
2012-2013 Important Dates
Release of 2012-2013 NAP Application Package February 15, 2012
Application Webinars February 27 - March 2, 2012 On-line Application Available at http://www.ihcdaonline.com March 9, 2012 Application Deadline March 31, 2012 Award Recommendation to IHCDA Board of Directors May 24, 2012 Award Webinars June 1-14, 2012 Executed Award Agreements Due to IHCDA June 29, 2012 Eligible to Sell 2012-2013 NAP Credits July 1, 2012 1st Semi-annual Report Due January 5, 2013
2012-2013 NAP Application Draft
2011-2012 Neighborhood Assistance Program
2011-2012 NAP Policy
2011-2012 NAP Award Manual2011-2012 Neighborhood Assistance Program Awards - Approved by IHCDA BOD - May 26, 2011
The following links provide the same information in a variety of formats2011-2012 NAP Awards - Sorted by Recipient Name
2011-2012 NAP Awards - Sorted by County
2011-2012 NAP Awards - Sorted by Activity
2010-2011 Neighborhood Assistance Program
As part of the application process, all organizations that intend to apply for NAP credits are required to attend an informational session regarding the program.
2010-2011 NAP Policy
2010-2011 NAP Award ManualTo access the online application forms, please go to http://www.ihcdaonline.com/
For additional information, contact Latrina Akins via email at mailto:nap@ihcda.in.gov or by phone at 317-232-7777.The list below is a summary of all funded recipients for the 2009-2010 Program Year. Please contact your regional Community Development Representative at 800-872-0371 if you have any questions.
List of 2009-2010 Award Recipients - Approved by IHCDA BOD - July 23, 2009
2009-2010 NAP Policy
2009-2010 NAP Application
2009-2010 NAP Award Manual
2009 -2010 Electronic Quarterly Reporting Tool - http://ihcdaonline.com/
Other Important NAP Program Information
NC-10 Form 2008-2009 Funding Report 2008-2009 Award Recipients 2008-2009 Award Manual 2008-2009 Close Out Report 2009-2010 Close Out Report
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