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2011-12 Pennsylvania Grant & Resource Directory

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FEDERAL PROGRAMS<br />

UNITED STATES DEPARTMENT OF THE TREASURY<br />

http://fms.treas.gov/faq/grants.html<br />

GRANT/PROGRAM<br />

New Markets Tax Credit (NMTC) – Program permits<br />

taxpayers to receive a credit against Federal income taxes for<br />

making qualified equity investments in designated Community<br />

Development Entities (CDEs).<br />

To qualify as a CDE, an organization must:<br />

• be a domestic corporation or partnership at the time of the<br />

certification application;<br />

• demonstrate a primary a mission of serving, or providing<br />

investment capital for, low-income communities or lowincome<br />

persons; and<br />

• maintain accountability to residents of low-income<br />

communities through representation on a governing board<br />

of or advisory board to the entity.<br />

CONTACT INFO/DEADLINE<br />

Contact – New Markets Tax Credit Support<br />

Line, at (202) 622-6355<br />

http://www.cdfifund.gov/what_we_do/<br />

programs_id.asp?programID=5<br />

Volunteer Income Tax Assistance (VITA) matching<br />

grant program (CFDA No. 21.009) – A one-year matching<br />

grant program in consultation with the Taxpayer Advocate<br />

Service which offers free tax help for low-to-moderate income<br />

individuals for tax return preparation.<br />

Payments for Specified Energy Property in Lieu of Tax<br />

Credits<br />

Contact – grant.program.office@irs.gov<br />

http://www.irs.gov/pub/irs-pdf/p4671.pdf<br />

http://www.ustreas.gov/recovery/1603.<br />

shtml<br />

172<br />

PA <strong>Grant</strong> & <strong>Resource</strong> <strong>Directory</strong>

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