CITC Forum for Financial Institutions Held on May 16th
May 17, 2017
MCBC hosted a forum on Tuesday, May 16th at Boston Private to share information on the Community Investment Tax Credit (CITC) with Financial Institutions. John Fitterer from MACDC and Jennifer Constable of DHCD presented information on the work of Community Development Corporations, the process of using CITC and how the CITC provides an innovative way to invest in local CDCs. Aida Franquiz of Boston Private discussed how Financial Institutions have a unique opportunity to make their investments go further with this tool. To view the presentation by MACDC, click here.
More information on CITC can also be found at the MACDC CITC webpage and Commonwealth of Massachusetts CITC webpage.