Community-Builders Wanted: How to Receive State Tax Credits for Investing in Local Betterment Projects

Tuesday, August 06, 2019

Are you or someone you know a community-builder? Do you enjoy leading and/or supporting projects that enhance quality of life and create economic opportunities for fellow citizens?

If so, the Nebraska Department of Economic Development (DED) wishes to inform you of an open application cycle for a program that offers 40% state tax credits for individuals and organizations who invest in qualifying community development projects through eligible cash donations or by providing services and materials.

The tax credit, made possible by the Community Development Assistance Act (CDAA), is intended to spur community and economic development by making it easier for community-builders to invest in impactful local projects.

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