Neighborhood Assistance Act (NAA) Program
Neighborhood Assistance Act (NAA) Program supports Delaware nonprofits through tax-incentivized contributions for housing, education, jobs, and community services benefiting disadvantaged neighborhoods and families.
Funder: Delaware State Housing Authority
Due Dates: Rolling (Donor applications, until fiscal-year tax credits are allocated)
Funding Amounts: 50% contribution tax credit; $1,000,000 available statewide annually; taxpayer caps of $50,000 annually and $100,000 over three years
Summary: NAA encourages tax-incentivized contributions to approved nonprofits serving impoverished neighborhoods or low- and moderate-income families in Delaware.
Key Information: Donor applications must be uploaded exclusively through the NAA web portal by the qualified nonprofit.
Description
The Neighborhood Assistance Act (NAA) Program, administered by the Delaware State Housing Authority (Housing Delaware), encourages businesses and individuals with Delaware state tax liability to invest in nonprofit programs that serve impoverished neighborhoods or low- and moderate-income families. Qualified contributions to approved NAA nonprofits earn Delaware state tax credits equal to 50% of the investment, linking private contributions with neighborhood assistance.
Supported purposes include Community Services, Crime Prevention, Economic Development, Education, Affordable Housing, and Job Training. Participating nonprofits must document that their assistance serves an impoverished area or low- and moderate-income families and meets a qualified program purpose. NAA is part of Housing Delaware’s community benefit programs, which support services and initiatives addressing community needs and their root causes in Delaware.
