• Students from University of Delaware's Alternative Breaks Volunteered on Our 100th Home

  • Celebration of Our 100th Home!

  • Susquehanna Habitat for Humanity

    Habitat's vision:

    a world where everyone has a decent place to live. Donate today!

Community Investment Tax Credits

Habitat for Humanity Susquehanna Community Investment Tax Credits (CITC)

Habitat for Humanity Susquehanna was recently awarded $25,000 in Community Investment Tax Credits (CITC). This is a wonderful opportunity for individuals and businesses to give to Habitat while saving money on taxes. The program is a from the State of Maryland’s Department of Housing and Community Development.

The purpose of the program is to increase nonprofit-donor partnership. We will leverage these tax credits into a minimum of $50,000 of donations. Each donor over $500 may claim the tax credit on their Maryland income tax for one half of their donation. The credit is a dollar-for-dollar reduction of state taxes. On top of that are the charitable deductions already available from the state and federal governments. The bottom line is that the program makes partnering with us easier while providing more tax benefits for our donors, and more beneficial to us. We can accept monthly or lump sum donations toward a total yearly CITC contribution.

In 2016, the CITC donations will support the Repair Program which helps low-income seniors, families and veterans make critical home repairs that enhance the safety, energy efficiency, and accessibility of their homes.  Donations pay for materials and the licensed contractors we must use for electric, plumbing, and HVAC. No staff costs are included.

For more information or to discuss the opportunity to make a pledge, please contact Karen Blandford, Executive Director, at 410-638-4434, ext. 2, kblandford@habitatsusq.org, or Megan Lally, Director of Development, at 410-638-4434, ext. 2226, mlally@habitatsusq.org.

 

citc.jpg

ELIGIBLE DONORS 

Businesses: 

Any entity that conducts a trade or business in the State and is subject to: the State income tax on individuals or corporations; the public service company franchise tax or the insurance premiums tax.  These types of entities generally include corporations, public utility companies, insurance companies, financial institutions, S corporations, partnerships, sole proprietorships and limited liability corporations.

Individuals: 

An individual is a resident of Maryland if the individual is domiciled in Maryland on the last day of the taxable year or if the individual maintains a place of abode in Maryland for more than six months of the taxable year and is physically present in the State for 183 days or more during the taxable year.

Individuals and businesses that make charitable contributions benefit by:

Reducing their Maryland tax liability
Helping a local nonprofit organization achieve an essential community goal
Making a targeted community impact
Improving community relations and increasing their visibility

Follow Us

Subscribe!

Subscribe to Our Mailing List

     Sign up for our mailing list and:

  • Learn about our upcoming events!
  • Stay up-to-date on volunteer activities!
  • Stay informed on our latest news!

Subscribe to our
mailing list today!