Community Investment Tax Credits give money back to major donors

Chinatown CLT is excited to announce that we have received a 2022 Massachusetts Community Investment Tax Credit award! The Massachusetts Community Investment Tax Credit (CITC) provides a 50% state tax rebate for donations to CCLT of at least $1,000 until December 31, 2022, or until credits run out.

It is simple to take advantage of this tax credit whenever you give a total of $1,000 or more between May 18 - December 31, 2022. You must claim the tax credit in the same year in which you made the donation.

More information here: www.chinatownclt.org/citc, or feel free to email lydia@chinatownclt.org for assistance.

Your donation will also be eligible for a federal charitable tax deduction.  Donors can be individuals, corporations, or nonprofits.

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