Maryland Department of Housing and Community Development: FY 23 Community Investment Tax Credits
- This income tax credit is a strong incentive to attract donors. Awardees use these available tax credits to generate support for their approved project. The CITC program permits awardees to return one half of the donor’s eligible gift in the form of a state income tax credit. This credit is used like a payment towards Maryland income taxes for the year the gift is made.
- All applications must be submitted by 5:00 pm Thursday, June 2, 2022