State tax credits still available for 2010

2010-03-17 / Community

Homestead Consulting Services helped over 440 clients in 2009 with foreclosure issues. As a HUD approved counseling agency, services are free to the client. One of the ways Homestead funds this program is by fundraising. The State of Indiana helps with this by providing state tax credits to funders through their Neighborhood Assistance Program (NAP).

State tax credits are available to donors who make contributions to Homestead Consulting Services in the amount of $100 or more. The contributions are used to offer foreclosure prevention services to eligible counties, which include Tippecanoe, Benton, Boone, Carroll, Clinton, Fountain, Montgomery, Warren and White counties. In return for the contribution, the donor will receive a 50% state tax credit to offset their Indiana income taxes. In addition, the entire amount of the contribution is an eligible federal tax deduction.

State tax credits will be granted in the order contributions are received until all credits are used. Contributions should be mailed to: Homestead Consulting Services at P.O. Box 256, Lafayette, IN 47902

Homestead Consulting Services is a non-profit 501(c) 3 organization that works in nine area counties and has been helping families with homeownership for over 25 years. More information is available on at www.homesteadconsulting. net.

Return to top