Neighborhood Assistance Act
The Neighborhood Assistance Act Tax Credit Program for Education was established in 2009. This program allows individuals or businesses to receive tax credits for eligible contributions made to neighborhood organizations whose primary function is providing neighborhood education assistance. The 2012 General Assembly amended and reenacted §§58.1-439.18 through 58.1-439.22, and § 58.1-439.24 of the Code of Virginia.
To be eligible for participation in the Neighborhood Assistance Act Tax Credit Program for Education, the neighborhood organization must meet the following criteria:
- Applicants must be able to demonstrate that at least 50 percent of the total persons served are low-income persons or eligible students with a disability.
- Applicant’s audit must not contain any significant findings or areas of concern for the ongoing operation of the neighborhood organization.
Contact:
Todd L. Gathje, Ph.D., Tax Credit Program Specialist
Phone: 804-225-3375
E-mail: Todd.Gathje@doe.virginia.gov
Resources
- Guidelines for the Neighborhood Assistance Act Tax Credit Program for Education (PDF)
- 2013 Federal Poverty Guidelines
- 2012-2013 Approved Organizations (PDF)
- Forms and instructions for donors making a contribution to a neighborhood organization:
- 2013-2014 Neighborhood Assistance Program Application (Word)
Introduction
