Neighborhood Assistance Program (NAP) Tax Credits

We are pleased to announce that eligible donors can now receive a tax credit worth 50% of their gift of $500 or more to Beyond Housing through the Neighborhood Assistance Program (NAP).

Receive 50% of your gift of $500 or more back on your state taxes.

The State of Missouri has approved Beyond Housing to issue Neighborhood Assistance Program (NAP) tax credits. If you have qualifying income, you can receive 50% of the value of your gift to Beyond Housing back as a tax credit when you give $500 or more. If you would like to find out more about the NAP please read the information below, talk to your tax adviser, and contact us.

HAVE QUESTIONS? Contact Jessica Caldwell at 314.376.5801 or jcaldwell@beyondhousing.org

WHO CAN USE NAP CREDITS

Businesses and individuals with business income taxable in the State of Missouri are eligible for the NAP tax credit program.

  • Corporations
  • Express Companies
  • Financial Institutions
  • Individuals operating a farm in Missouri
  • Individuals operating a sole proprietorship
  • Individuals with rental property in Missouri
  • Insurance Companies
  • Limited Liability Companies (LLC)
  • Partnerships
  • S-Corporations
View a complete list of eligible contributors

HOW NAP TAX CEREDITS WORK

Tax Credit Diagram

*This example assumes a 28% tax bracket and does not represent tax advice. NAP tax credits are NOT saleable, transferrable, or refundable. Please contact your accountant to learn how tax credits may benefit you specifically. 

THE TAX CREDIT PROCESS

  • Step 1: Make your contribution of $500 or more in cash or stock to Beyond Housing, indicating your desire to apply for tax credits on your donation (check or online in the memo section.)
  • Step 2: We will send you an application and brief instructions on how to fill out the NAP tax credit application. 
  • Step 3: Complete and return the notarized NAP application with proper documentation to: Beyond Housing, Attn: NAP Tax Credits • 6506 Wright Way • St. Louis, MO 63121
  • Step 3: After receiving your completed form, Beyond Housing will mail both the application and proof of donation to the Missouri Department of Economic Development.
  • Step 4: You will receive a certification letter directly from the State of Missouri indicating approval typically within 6 weeks, including directions on how to redeem your tax credits.

Eligible donations can be redeemed or claimed when you file your tax return. Any remaining tax credit balance can be used during the next five years.

HAVE QUESTIONS? Contact Jessica Caldwell  at 314.376.5801 or jcaldwell@beyondhousing.org