West Virginia Department of Commerce Neighborhood Investment Program

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Neighborhood Investment Program



The Neighborhood Investment Program

Description: Tax credits

  • Corporate Net Income Tax
  • Personal Income Tax

Eligible activities: Projects generally eligible for program participation include but are not limited to the following:

  • Health clinics
  • Homeless shelters
  • Educational programs
  • Housing programs
  • Preservation/revitalization activities
  • Domestic violence shelters
  • Children's shelters
  • Meal delivery programs
  • Senior citizens' centers
  • Community foundations
  • Scholarship programs
  • Hospice care
  • Transportation programs
  • Day care centers
  • Counseling services
  • Services for the disabled

Eligible applicationss: Tax credit vouchers are awarded to organizations that are designated as 501(c)3 by the IRS and registered with the West Virginia Secretary of State's office as charitable organizations. Preference will be given to organizations that:

  • Offer emergency assistance
  • Are community based
  • Are direct needs
  • Serve highly distressed neighborhoods or communities
  • Serve primarily low-income individuals
  • Collaborate with other organizations
  • Are novel, creative or unique in approach
  • Have a history of maintaining low administrative costs
  • Demonstrate the ability to deliver the proposed services
  • Demonstrate a strong need for the proposed services