Massachusetts model
Eileen Figel
Published: August 20, 2012
This August, Massachusetts Governor Deval Patrick signed into law The Community Development Partnership Act, which allows the state to allocate tax credits ranging from $50,000 to $150,000 per organization per year to community development corporations working with residents and local businesses to develop and implement plans to attract private investment to low-income communities.
The legislation provides a good model for community developers across the country struggling to find the resources necessary to support their work.
To find out more about the act and how a broad coalition of community developers, social service providers, educators and others worked together to get it passed, read the latest blog post by Joe Kriesberg, president of the Massachussetts Association of CDCs.
Posted in Boston, Implementing, Thinking Out Loud