MONROE, CT — First Selectman Terry Rooney announced that the town of Monroe will once again participate in the State’s Neighborhood Assistance Act (NAA) program.
“The generosity and altruistic nature of our community has proven to be very strong as we receive thousands of dollars from local businesses and individuals to help fund many community activities and programs monthly,” he said.
“While I want to thank those entities and appreciate their donations, I would also like to emphasize the opportunity for all municipal agencies and community nonprofit organizations to submit proposals under the NAA program,” Rooney said.
The NAA program allows certain businesses to claim a State tax credit for monetary donations made to qualifying community programs conducted by tax exempt or municipal agencies.
“Thanks again to those businesses that donate regularly and hopefully all are benefiting from the state tax credit,” said Rooney.
Some of the programs that qualify for the NAA tax credit program include, but are not limited to:
- Community services
- Job training & education
- Crime prevention
- Child care services
- Substance abuse prevention or treatment
- Open space acquisition fund
The minimum contribution on which a tax credit may be granted is $250, and the maximum contribution that any nonprofit or municipal entity can receive under this program is $150,000.
More information and a link to the State webpage for this program can be found on the town’s website under “News & Announcements.”
Organizations wishing to receive an application packet, and businesses interested in taking advantage of this program in order to reduce their state corporate tax liability, should contact the First Selectman’s Office at (203) 452-2821 or FirstSelectman@MonroeCT.gov.
All applications must be submitted to the First Selectman’s Office and received by close of business on May 30, 2025 in order to be considered.
