Neighborhood Investment Program Tax Credits Available

Heart and Hand House, Inc., has been awarded $6,000 in Neighborhood Investment Program (NIP) tax credits for eligible donations made to its Home Repair and Construction Program between now and June 30, 2024. Businesses or individuals who contribute a minimum of $500 may receive up to 50 percent of the contributed amount in the form of state tax credits that can be used to reduce their liability for the WV Corporate Net Income Tax or Personal Income Tax. Credits are distributed on a first-come, first-served basis and may be applied to the current tax year if donations are received by December 31, 2023. Tax credits must be used within a five-year period.

Heart and Hand currently has $2,100 worth of credits that need to be distributed by March 15, 2024.

Additional information about NIP may be found on the West Virginia Development Office’s Community Advancement & Development web page at http://wvcad.org/sustainability/neighborhood-investment-program. For more information about credit availability at Heart and Hand, please contact Brenda Hunt at 304-457-1295.

Heart and Hand House, Inc., is a non-profit mission project affiliated with the WV Annual Conference of the United Methodist Church and provides emergency assistance to income-eligible residents of Barbour County. Each year the organization facilitates the construction of one new home and numerous home repair projects for families in the community. For more information about the home repair program or other ministry programs, please visit their website at www.heartandhandhouse.org, find them on Facebook (“heartandhand”), or call the main office at 304-457-1295.