The Colorado Homeless Contribution Income Tax Credit (HCTC) provides a tax credit to Colorado taxpayers that contribute to eligible homelessness-related projects within Colorado. When taxpayers make a certified contribution, they can claim 25% (for non-rural projects) or 30% (for rural projects) of their donation of $100 or more, potentially motivating taxpayers to contribute more to your organization!
Join the virtual information sessions to learn the details on the following:
- The HCTC Program’s benefits and requirements for nonprofit participants
- Eligibility parameters
- Directions on submitting the online eligibility form
Information Sessions Details
Session One
- Thursday, September 12, 2024
- 10:00 AM to 11:00 AM
Session Two
- Tuesday, October 1, 2024
- 3:00 PM to 4:00 PM
Please note these sessions will be recorded for later access on the Homeless Contribution Income Tax Credit web page.
Homeless Contribution Income Tax Credit Project Categories
Eligible projects, which can be either operational services or a capital campaign, must have a primary focus on assisting individuals or families experiencing homelessness or, in the case of prevention, at imminent risk of homelessness.
Operational Services
- Outreach efforts
- Safe emergency, temporary, or transitional shelters
- Prevention services that target individuals or families facing imminent risk of homelessness
- Supportive housing
- Employment outcome services
- Case management
- Domestic violence shelters & services
- Other services identified as emerging, promising, and providing best practices
Capital Campaign
- Supportive housing
- Community overnight shelters, day shelters, or emergency shelters
- Facilities used to provide housing or services to individuals or families experiencing homelessness, including facilities that are necessary to perform qualifying services
Eligibility Application Submissions
Interested organizations should submit eligibility applications by October 15, 2024. If approved, the nonprofit can begin issuing tax credits for qualifying donations in tax year 2025.