NEIGHBORHOOD AND COMMUNITIES COALITION (NACC)
Who We Are
Organized by Building the Engine of Community Development in Detroit (BECDD) and the Community Economic Development Association of Michigan (CEDAM), the “Neighborhoods and Communities Coalition” (NACC), is a group of community development advocates and professionals, local job providers, local Chambers of Commerce and others committed to establishing a source of sustainable support for local place-based nonprofits working to revitalize neighborhoods and communities across Michigan. Fourteen other states already have some form of this community investment program.
Michigan has a strong and resilient economy that benefits all of its residents, built upon successful and prospering urban neighborhoods and rural communities, large and small, throughout the state.
The Community Investment Program and How It Works
The Community Investment Program is a donation-based state tax incentive that would provide long-term, sustainable support for locally-based revitalization work in neighborhoods and rural communities. Following the model in 14 other States across the country, this program would unleash more private resources for Michigan’s local neighborhoods and communities.
How does the Community Investment Program Work?
A corporate or individual donor with a Michigan state tax obligation, makes a contribution directly to a place-based nonprofit. The donor receives a 50% state tax credit on their donation. Eligible nonprofits are place-based organizations providing community and economic development services including:
- affordable housing
- financial empowerment
- workforce attraction and retention
- neighborhood and community revitalization
- commercial corridor revitalization
- small business development, including agri-business
Check out this graphic that demonstrates what the Community Investment Program would look like in action!
Michigan Needs Community Investment Now
Michigan faces a number of challenges including:
- Lack of Affordable and Workforce Housing
In many Michigan communities, there is a well-documented shortage of affordable housing. In these communities, local businesses cannot attract workers because there simply is no place for their workers to live.
- Lack of investors for small- to medium-sized community economic development projects
Communities know their problems- and how to solve them.
Very large community development projects have tax incentives to attract investors. Small- to medium-sized neighborhood and rural community revitalization projects are often overlooked because they lack the same tools to attract resources.
- The impacts of the COVID-19 pandemic
As we struggle to recover from the COVID-19 crisis, local place-based organizations are in an ideal position to respond to the health, education, and job challenges that local communities are experiencing.
Guiding Principles for the NACC Coalition
- The ultimate beneficiaries of the work are residents of Michigan’s urban neighborhoods and rural communities.
- Public-private partnerships to leverage more support for our local communities, will benefit everyone
Join the Michigan Neighborhoods and Communities Coalition!
Community members across Michigan urban-rural-suburban, simply want the same tools to attract investment that larger projects already receive. Government can’t do it all, and locally-based organizations know what they need to grow their local economies, stabilize and strengthen neighborhoods, and attract the talent needed for new businesses to start and existing businesses to thrive. We need your help to pass the Michigan Community Investment Program. This effort will require the support of coalition members in various ways.
Are you a community development leader in Detroit or Michigan, doing work on behalf of an urban neighborhood or a rural community? If so, then you know how important it is for the work to be funded.
Are you a corporation, providing a service or product in Detroit or Michigan? Then you know how important it is for the community or city you are located in, to be healthy and vibrant.
Are you a high-wealth person, looking to contribute to organizations doing community work in Detroit or Michigan? Then you know how important it is to find ways to stretch your charitable dollars, to do the most good.
Are you a small business owner, looking for local partnerships with neighborhood agencies? Then you know how important it is to find the right nonprofit to work with.
The proposed MI-Community Investment Program can respond to all of these needs.