Neighborhood Assistance Program (NAP) Tax Credit

 

Give and get back

All NAP Tax Credits for this program year have been sold! The new program year begins in July, so please check back if you would like to donate and receive NAP Tax Credits. 

If you’re looking for an opportunity to reduce your personal or business state tax liability, consider the Neighborhood Assistance Program (NAP) tax credit. NAP is a state-authorized tax credit designed to let taxpayers direct a portion of their income tax dollars to specific local programs that serve low-income Hoosiers.

For every NAP dollar you give to Brightpoint ($100 minimum), you can receive 50 percent of the contribution as a direct tax credit on your state income taxes. A $1,000 donation receives $500 in tax credit. In order to take advantage of this program, you must have state tax liability after the application of any other credits, which must be applied before the NAP tax credit. If eligible, you will receive this tax credit when you file your State tax returns.

NAP is administered by the Indiana Housing & Community Development Authority (IHCDA,) in partnership with the Indiana Department of Revenue (“IDOR”). IHCDA administers the distribution of NAP tax credits to eligible organizations (like Brightpoint), organizations distribute tax credits based on contributions received, and IDOR administers the receipt of those credits by taxpayers/donors.

Brightpoint will provide NAP donors with confirmation of their contribution for tax purposes, which allows the donor to claim the contribution and receive the tax credit when filing taxes. As a NAP donor, when you file your tax returns and claim your tax credits, IDOR will compare the information included in your tax documents to the donor report submitted by Brightpoint to IHCDA to determine your eligibility to receive the tax credit.

Your NAP donation to Brightpoint will be used to support our Family Development program. To learn more about this program, visit our Family Development page.