WHALE Awarded Community Investment Tax Credits from State

January 30, 2015
Tax CreditLast year WHALE was certified as a Community Development Corporation (CDC) and submitted a multi-year business plan detailing how we will improve the New Bedford community and leverage federal and private resources for neighborhood based economic development. The Department of Housing and Community Development (DHCD) ranked the plans from CDCs to identify those most effective in meeting localand state-wide goals for community economic development.  In December 2014, WHALE was awarded $100,000 in state Community Investment Tax Credits that we will use to secure up to $200,000 in private support during 2015.

Contributions to the tax credit program will fund WHALE’s state-approved Community Investment Plan to help WHALE to continue to revitalize sustainable neighborhoods in New Bedford through historic preservation.  To learn more about CITC, watch the video below.  To download a WHALE CITC Donor form to receive a 50% tax credit CLICK HERE