The Town of Greenwich is currently accepting proposals from interested agencies/organizations for the State of Connecticut 2021 Neighborhood Assistance Act (NAA) Program. The NAA Program allows for a tax credit to be earned by business firms that make cash investments of at least $250 to certain community programs. The cash investments must be made in a community program that is proposed and conducted by a tax-exempt or municipal agency and must be approved both by the municipality in which the program is conducted and the State Department of Revenue Services (DRS).
Interested tax-exempt entities must complete Form NAA-01, 2021 Connecticut Neighborhood Assistance Act (NAA) Program Proposal, Parts I, II and III and submit the completed form to the Town of Greenwich Community Development Office. The Town must hold a public hearing on all program applications. The governing body (RTM) must vote to approve the programs. Documentation of all notices and meeting minutes will be submitted to the DRS.
Completed Form NAA-01 including all other required forms and supporting documents must be received by the Community Development Office (101 Field Point Road, Greenwich, CT 06830) by April 16, 2021. Due to the ongoing COVID-19 outbreak the Community Development Office asks that applicants email their proposals to the Community Development Office.
Form NAA-01 for 2021 can be accessed via the following link: https://portal.ct.gov/-/media/DRS/Forms/2021/Corporation/NAA-01-Fillable.pdf
The NAA Program Website can be accessed via the following link: https://portal.ct.gov/DRS/Credit-Programs/Neighborhood-Assistance/Neighborhood-Assistance-Act-Tax-CreditProgram
Completed applications for all proposed programs will be submitted to the Board of Selectmen for review and action at their May 13, 2021 Regular Meeting. Following the Board of Selectmen approval, the proposed programs will be submitted to the Representative Town Meeting for review and action during their June 14, 2021 Regular Meeting. Please contact the Community Development Office at 203-622-3791 or by email at firstname.lastname@example.org if you have any questions about the 2021 NAA Program.