04/28/2026
Community Development Corporation South Berkshire (CDCSB) has been awarded $225,000 in Community Investment Tax Credits (CITC) as part of a $12.8 million statewide investment announced by Maura Healey. The award will help CDCSB expand its work creating housing and economic opportunity for low- and moderate-income residents across the southern Berkshires.
The CITC program provides a 50% refundable state tax credit to donors who contribute $1,000 or more to CDCSB and other Community Development Corporations in the state, making it one of the most effective ways to support local housing and economic development efforts.
“This is more than a funding award- it’s an opportunity for people across our community to be part of real solutions,” said Keegan Pyle, Director of Philanthropic Growth & Communications at CDCSB. “The tax credit makes it easier for individuals to give in a meaningful way, while helping us move critical housing and economic development work forward.”
Funds raised through the program provide flexible, locally controlled resources that CDCSB can use where they are needed most. This includes advancing new affordable and workforce housing, preserving existing housing, and supporting small businesses through technical assistance and training.
In South Berkshire County, where rising housing costs continue to impact working families, employers, and the broader economy, this funding plays an important role in addressing urgent needs. CDCSB is currently advancing projects that expand access to affordable housing and piloting innovative models designed to make homeownership and rental opportunities more attainable. The organization is also continuing its work to strengthen the local economy by supporting small businesses and entrepreneurs.
“Communities know best what they need to grow and succeed, and the CITC program gives them the resources they need to deliver,” said Governor Healey. “These investments will help build more housing, support small businesses and strengthen neighborhoods across Massachusetts.”
Lieutenant Governor Kim Driscoll added that the program “unlocks private investment and gives organizations the flexibility to expand housing, support families and grow local economies.”
Since its creation in 2012, the CITC program has been a key source of funding for community-based organizations working to expand housing, strengthen neighborhoods, and increase economic opportunity. The program was expanded and made permanent through the state’s Affordable Homes Act in 2024.
For donors, the program offers a powerful combination of community impact and financial benefit. A qualifying contribution allows individuals to directly support housing and economic opportunity in the Berkshires while receiving a substantial state tax credit in return.
“Access to stable housing and economic opportunity is essential to the health and future of our community,” Pyle added. “This program allows people to take part in building that future in a meaningful way.”
Tax credits are limited and available on a first-come, first-served basis. CDCSB encourages community members, businesses, and supporters to learn more about how to participate.
To learn more about the CITC program or to make a qualifying donation, please visit https://cdcsb.org/donate/citc/.