Please ensure Javascript is enabled for purposes of website accessibility Isaacson: Over $1.35 million invested in community revitalization projects

Isaacson: Over $1.35 million invested in community revitalization projects

PHILADELPHIA, Oct. 22 – Today, state Rep. Mary Isaacson announced that $1,369,200 in Neighborhood Assistance Program investments will go toward community revitalization projects in her district.

NAP provides tax credits to businesses that contribute to nonprofit organizations’ efforts to revitalize communities. Businesses can receive tax credits of up to 95% on contributions they make to a qualifying community project. Categories of projects under NAP include affordable housing programs, community services, crime prevention, education, job training and neighborhood assistance.

Local organizations receiving NAP tax credits are:

  • $405,000 to Local Initiatives Support Corporation to increase financial and housing stability for low-income residents of Eastern North Philadelphia.
  • $360,000 to Finanta (formerly Community First Fund) to expand its income mobility model that blends business, consumer capital and financial services.
  • $142,200 to Welcoming Center for New Pennsylvanians to support English Speakers of Other Languages, entrepreneurship, and work readiness programming.
  • $112,500 to Liberty Housing Development Corporation to provide 51 affordable units for low- and very low-income households.
  • $110,500 to Playworks Pennsylvania to partner with elementary schools to improve school climate, reduce conflict and strengthen students’ social-emotional skills.
  • $95,000 for Philadelphia Chinatown Development Corporation to strengthen Chinatown through corridor planning, business support and cultural programming; and $18,000 to PCDC to upgrade outdated HVAC systems at a two-unit affordable rental duplex.
  • $90,000 to Friends of the Rail Park to connect North Broad Street to the Rail Park through programming and site improvements.
  • $18,000 to Lutheran Social Mission Society for its STOP IPV (Intimate Partner Violence) program.
  • $18,000 to Mental Health Partnerships to expand psychiatric care for low-income adults with serious mental illness.
  • $18,000 to Mission First Housing Group to develop new affordable housing and provide affordable housing support services across Philadelphia.

“With these tax credits, we’re providing more opportunities for our residents to secure affordable housing while also giving them stronger community services,” Isaacson said. “I appreciate the commonwealth’s investment in organizations that are crucial parts of my district and Philadelphia as a whole.”

For more information on NAP, visit: https://dced.pa.gov/programs/neighborhood-assistance-program-nap/.