Wallingford Moves Forward with 2026 Neighborhood Assistance Act Application

Wallingford Pursues 2026 NAA Tax Credit Application

The Town of Wallingford is advancing its application for the 2026 Connecticut Neighborhood Assistance Act Tax Credit Program, with Mayor Vincent Cervoni signing an official intent letter on March 12, 2026, to formalize the town's participation. The effort follows a special meeting of the Housing/Workforce Development/Education Committee held on March 11, 2026, during which town officials including Economic Development Coordinator Stacie McCarthy discussed the application process.

The Connecticut Neighborhood Assistance Act, administered by the state Department of Revenue Services, provides tax credits to businesses that make contributions to qualifying nonprofit projects. Municipalities submit a Program List to the DRS identifying eligible local nonprofit initiatives, and businesses that donate to those projects receive a credit against their Connecticut corporate tax liability. The program is designed to funnel private-sector investment into community development priorities without requiring direct municipal spending.

How the NAA Program Works

Wallingford's program specifically focuses on housing and workforce development. While no specific projects or beneficiary nonprofits have been announced at this stage, the town is soliciting proposals from local organizations through its Program Planning Office. Interested nonprofits and community groups must submit completed Form NAA-01 applications to the Program Planning Office at Room 311, Town Hall, 45 South Street, Wallingford, CT 06492. The deadline for proposals to the town is May 22, 2026. Each project or program must be submitted as a separate application. Incomplete applications will not be accepted.

Once the town collects project proposals, Wallingford is required to hold a public hearing before submitting its Program List to the state. That hearing is currently expected to take place at the Town Council meeting scheduled for June 9, 2026. The town's finalized application must be submitted to the DRS no later than July 1, 2026.

Timeline and Next Steps

The NAA program has been used by Connecticut municipalities for decades as a mechanism to leverage state tax incentives for local community benefit. Participating towns identify local nonprofit projects aligned with eligible categories — including affordable housing construction, job training, and educational programs — and compile them into a Program List for state review. Businesses that donate to the approved projects can receive tax credits worth up to 60 percent of their contribution.

Mayor Cervoni's signed letter, published on the town's official website, signals administrative commitment to the 2026 effort. The Housing/Workforce Development/Education Committee's involvement reflects early-stage coordination across municipal departments. The committee meeting preceded the mayor's signature by one day, consistent with the committee review step in the application timeline.

Questions about Wallingford's 2026 NAA application can be directed to the Program Planning Office at 203-294-2060.

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