NPU provides three local organizations with $150,000 through Neighborhood Assistance Act
NORWICH – As part of the January meeting of its Board of Commissioners, Norwich Public Utilities (NPU) announced that it has contributed $150,00 to three local organizations through the State of Connecticut’s Neighborhood Assistance Act (NAA) program.
The NAA is a tax credit program administered by the Department of Revenue Services and is designed to provide funding for municipal and tax-exempt organizations through a tax credit to make cash contributions to organizations and projects approved by the State.
“NPU is very pleased to participate in the Neighborhood Assistance Act again this year and to support three outstanding organizations in our community,” said Chris LaRose, General Manager of NPU. “Through this fantastic program, funds that would have been paid in taxes to the State stay right here in Norwich to help our community partners do more of what they do so well.”
Through the NAA, the following organizations will receive funding from NPU in 2023:
- St. Vincent DePaul Place ($50,000) to continue the work of upgrading and improving the heating, air conditioning, and ventilation (HVAC) systems at the organizations facility on Cliff Street in Norwich. St. Vincent DePaul Place operates out of a 98-year old former elementary school building, providing food and a variety of daily supplies to more than 500 at-risk people a month.
- United War Veterans Grand Army of the Republic, Buckingham Memorial Association ($50,000) to assist with the replacement of existing, dated windows with higher quality, more energy efficient windows that meet the standards for buildings of historical significance. The Buckingham Memorial, which dates back to the 1840s, is the former home of William A. Buckingham, one of the most prominent residents in the history of Norwich.
- United Community and Family Services (UCFS) ($50,000) to support the third phase of a comprehensive efficiency upgrade including 18 new windows at the historic Samuel Huntington Home which houses many of the administrative functions of UCFS. Support for this project will mitigate the impact of the project on the organization’s operational budget in 2023, allowing them to redeploy resources for programs and services for members of the community.
Each year, NPU pays Gross Revenues Tax to the State of Connecticut from the purchase of its electricity. The NAA limits participating organizations to $150,000 per year in tax credits and the statewide program has a cap of $5 million.