Our Tax Credit

Metro West CD needs your support to address the housing needs of the Metro West region!

Here’s how you can help – Your donation of $1,000 or more helps Metro West CD provide essential programs and projects in our communities and you receive a $500 credit (or 50% of your gift) on your state income taxes.

Getting to 10% affordability in Metro West is no small undertaking, and we need your help to get there.

Give $1,000+, Get 50% Back

Receive 50% of your donation back for every $1,000 donation you invest in Metro West CD through CITC!

What is CITC?

Community Investment Tax Credit (CITC), is a State of MA-sponsored program that provides tax-incentives to donors who work with and through Metro West CD and other community development corporations (or CDCs) to partner with these entities to improve economic opportunities for low and moderate income residents across the Commonwealth.

Since 2012, the CITC program has grown stronger each year, promoting private investment by individuals and businesses to create homes across MetroWest and the state.

How CITC Works?

For your contribution to Metro West CD of more than $1,000, you receive a 50% state tax credit for the total amount of your gift. You may even qualify for a federal tax deduction (for taxpayers who choose to itemize; check with your tax advisor).  Donors who have no state tax liability will receive a refund rather than a tax credit.

Check out the MACDC website here for more information.

Please consult your tax advisor regarding questions specific to tax filing and to determining final out of pocket cost.

Call Barney at 617-923-3505 ext 104 or by email to find out how to invest in affordable housing in Metro West with Metro West CD!