UPDATE: Neighborhood Investment Program Tax Credits

During the past six months, Philanthropy West Virginia and the West Virginia Nonprofit Association have been working for the Neighborhood Investment Program (NIP) Tax Credit renewal. We received some positive news on Monday that reflects the wise words of Sir Winston Churchill to work, “Let our advance worrying become advance thinking and planning.”

In light of news provided to us in the past few days, what was originally shared with us that the NIP legislation had to be renewed this Legislative Session is actually not until the 2016 Legislative Session.

While we don’t have to push the matter through the legislature this session now, it is refreshing to know that our advance planning is laying groundwork with the new legislature for next year.

If you receive NIP credits, please note we DO NOT have to worry about the renewal this year, but we want to encourage you to send “Thank You” Letters to your members of the WV Legislature this session by using the sample letter below.

Thanks to your involvement we have put together a strong strategy, tools, and templates to use later this year and for the 2016 session. In addition, Philanthropy WV President Paul Daugherty from  and WVNPA Executive Director Laura Lee Haddad are spending a great deal of time building relationships with the new legislative leadership right now.

Again, we encourage you to not let up on sharing your thanks with your legislators and sharing the impact NIP has for Return on Investment especially related to job creation in your community.

Your advance planning moves us from worrying to action to ensure this program’s renewal in 2016.

If you have further questions, please feel free to contact Laura Lee Haddad.

DOWNLOAD: NIP Tax Credit Thank You Letter to Legislators Sample