The New Hampshire Community Development Finance Authority (CDFA) Tax Credit Program is a unique initiative that supports community-based economic development projects across the state by leveraging private investment. Businesses that contribute to approved projects receive a 75% New Hampshire state tax credit on their donation. The credit can be applied to the Business Profits Tax (BPT), Business Enterprise Tax (BET), and Insurance Premium Tax. Contributions may also qualify as state and federal charitable deductions, offering further tax advantages.
Current projects funded with CDFA Tax Credits advancing child care solutions and seeking business investment include:
• Boys & Girls Club of Greater Nashua: Building Great Futures: Investing in Child Care and Mental Health Support
• Coös County Director Network: Solving the Childcare Crisis in the North Country – Phase 2
• Mark Stebbins Community Center
• The Walpole Foundation: Walpole Village School & Community Room
• White Birch Community Center, Inc.: White Birch Family Resource Center
• YMCA of Greater Nashua: Merrimack YMCA Early Education Center Renovation
