Questions & Answers

What is the Neighborhood Investment Program Credit?

The West Virginia Neighborhood Investment Program Act provides credit to individuals and private sector businesses which make eligible contributions to community based nonprofit organizations that establish projects to assist neighborhoods and local communities. These projects provide services such as health care, counseling, emergency assistance, crime prevention, education, housing, job training and physical and environmental improvements.

Eligible projects are determined by application to the West Virginia Development Office and The Neighborhood Investment Advisory Board through one of two approaches:

qualification based on contributions destined for a certified economically disadvantaged area; or

qualification by need (regardless of location).

Note that you are no longer required to enclose this schedule with your return, but you must maintain the schedule in your records.

See Schedule NIPA-2  and Schedule NIPA-2 Instructions  for more information.