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Tax credit transfer program for Indiana nonprofit organizations to facilitate projects that improve the quality of life of local residents. Organizations will be granted state tax credits to encourage donations from residents and corporations. 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.
For NAP-Eligible Services, see https://www.in.gov/ihcda/files/2022-NAP-Program-Manual-Final.pdf#page=9.
Estimated Total Program Funding:
Estimated Size of Grant:
NAP is a one-year program. Awards will be made in June, and credits must be distributed to donors between July 1, 2022 and June 30, 2023.