Agencies | Governor
Virginia Regulatory Town Hall
Department of Social Services
State Board of Social Services
Neighborhood Assistance Tax Credit Program [22 VAC 40 ‑ 41]
This action is exempt from the executive branch review process.
Application Period for Neighborhood Assistance Program
General Information
Action Summary Changes are necessary to conform the Neighborhood Assistance Program (NAP) regulation to legislation passed by the General Assembly in 2013 and 2014. House Bill 1179 and Senate Bill 591 (Chapters 0047 and 0189 of the 2014 Acts of Assembly): will allow a non-profit organization to submit the audit, review or compilation within 30-days immediately following the proposal deadline to be considered timely filed, as long as the proposal was otherwise complete by the deadline. Senate Bill 1009 (Chapter 802 of the 2013 Acts of Assembly): 1) added the requirement “as a prerequisite for approval, neighborhood organizations with total revenues (including the value of all donations) (i) in excess of $100,000 for the organization's most recent year ended provide, as applicable, an audit or review for such year performed by an independent certified public accountant or (ii) of $100,000 or less for the organization's most recent year ended, provide a compilation for such year performed by an independent certified public accountant”; 2) added the requirement “in order for a proposal to be approved, the applicant neighborhood organization and any of its affiliates shall meet the requirements of the application regulations”. The Neighborhood Assistance Act Tax Credit Program (NAP) is a state tax credit program that was established by the General Assembly in 1981. NAP uses tax credits as an incentive for businesses, trusts, and, with certain restrictions, individuals, to make donations to eligible non-profit organizations whose primary function is providing services to a low-income person or an eligible student with a disability.
Chapters Affected Only affects this chapter.
Exempt from APA Yes, this action is exempt from Article 2 of the Administrative Process Act.
Exempt Citation: 2.2-4006 A (4) (a)
RIS Project Yes  [004003]
Associated Mandates Application Period for Neighborhood Assistance Program
New Periodic Review This action will not be used to conduct a new periodic review.
Stages associated with this regulatory action.
Stage ID Stage Type Status
6909 Final Stage complete. This regulation became effective on 07/02/2014.
Contact Information
Name / Title: Wanda Stevenson  / NAP Program Technician
Address: 801 East Main Street
Richmond, VA 23219
Email Address:
Phone: (804)726-7924    FAX: ()-    TDD: ()-

This person is the primary contact for this chapter.