Stafford County Economic Development was awarded $162,000 in community service tax credits for the Macksville child day care project.
Link to the announcement: https://content.govdelivery.com/accounts/KSOG/bulletins/3e88648
The Community Service Program (CSP) Tax Credits help non-profit organizations and public health care entities fund important projects related to community improvements, children and family services, crime prevention, youth apprenticeship or training, and healthcare.
Under this program certain non-profits are authorized to offer tax credits to donors supporting approved projects. Organizations in rural areas (<15,000 population) can get a 70% credit, while those in urban areas (>15,000 population) get a 50% credit.
Total Funding
In 2026, $4.13 million in state tax credits are available for CSP. The maximum tax credit award for a project is $200,000.
Qualifying Projects
Each proposal shall address one of the following areas in order to qualify:
- Community service, including childcare
- Non-governmental crime prevention
- Youth apprenticeship and technical training
- Healthcare services