Glastonbury
News Feed
Events
Local Businesses
Classifieds
Business

Glastonbury Affordable Housing Trust Fund Approved For State Tax Credit Program

Local businesses can receive a 60 percent state tax credit for eligible contributions to affordable housing fund.

Glastonbury businesses can receive a 60 percent state tax credit for eligible contributions to affordable housing fund. (Chris Dehnel/Patch)

GLASTONBURY, CT — Glastonbury's Affordable Housing Trust Fund has been approved for the 2026 Connecticut Neighborhood Assistance Act Tax Credit Program, giving local businesses an opportunity to support affordable housing initiatives while receiving a state tax credit.

The program allows eligible businesses to receive a 60 percent state tax credit for qualifying contributions to approved community programs. Glastonbury's Affordable Housing Trust Fund has been approved to receive up to $150,000 in contributions through the program.

Subscribe

Businesses interested in participating can submit pledges to the Connecticut Department of Revenue Services between Sept. 15 and Oct. 1.

The required NAA-02 form will be available through the Department of Revenue Services beginning Sept. 15.

The town is encouraging local businesses to consider contributing to the Affordable Housing Trust Fund through the program.

Businesses seeking information about eligibility requirements, the pledge process and the Neighborhood Assistance Act Tax Credit Program can visit the Connecticut Department of Revenue Services.

The Department of Revenue Services Education and Outreach Unit also can be reached at naaprogram@ct.gov or 860-297-5687.

More from Glastonbury
News | 16m
News | 1d
News | 4d
See more on Patch >

Sign up for free local newsletters and alerts for the
Glastonbury Patch

Patch.com is the nationwide leader in hyperlocal news.
Visit Patch.com to find your town today.

©2026 Patch Media. All Rights Reserved

Do Not Sell My Personal Information