Neighborhood Assistance Program (NAP)
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 $40,000.00. 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 Community Programs Analyst at (317) 232-7777 or via email at NAP@ihcda.in.gov to learn about IHCDA's NAP Program and process.
2017-2018 Neighborhood Assistance Program
A reminder to all 2017-18 NAP credit recipients that the ‘60% Benchmark Report’ is due on January 8, 2018 by 5PM Eastern Standard Time (EST). The information obtained in this report will be used to determine which agencies have met the benchmark of selling 60% of their NAP credits by the December 31, 2017 deadline. Any agency who has not sold at least 60% of their credits will have their remaining credits de-allocated. These credits will then be redistributed to agencies that have sold 100% of their credits and requested re-allocation in the application period. This report will also be used to send contributor information to the Indiana Department of Revenue so that donors can claim their 2017 credits. Please be sure that all information is entered correctly; any inaccuracies in regards to personal information and tax credit amounts will result in a denial of an individual’s tax return. NAP recipients can access this report through their designated login at www.IHCDAonline.com. The reporting period to be used is July 1, 2017-December 31, 2018. Please contact Brian Carman at firstname.lastname@example.org or VMorrisMay@ihcda.IN.gov with any potential issues ahead of the reporting deadline as failure to submit this report by the deadline above, will result in defunding for the current and 2017 NAP award. As always, please refer to your Program Manual for further guidance.
2017-2018 NAP Award Recipients - Sorted by Activity
2017-2018 NAP Award Recipients - Sorted by Organization
2017-2018 NAP Award Recipients - Sorted by City
2016-2017 Neighborhood Assistance Program
2015-2016 Neighborhood Assistance Program
2015-2016 NAP Award Recipients - Sorted by County
2015-2016 NAP Award Recipients - Sorted by Organization
2015-2015 NAP Award Recipients - Sorted by Activity
2014-2015 Neighborhood Assistance Program
2013-2014 Neighborhood Assistance Program