Salisbury Bank in Lakeville, CT, has granted CDCSB $5,000 to further its work in creating affordable housing and fostering the creation of jobs in the community. “There continues to be a need for affordable housing in our local communities and we are pleased to support the work of CDCSB and similar organizations who are taking steps to meet that need,” said Rick Cantele, President and CEO of Salisbury Bank. “Reinvestment in our communities through contributions, sponsorships and volunteer work has been, and will continue to be, a vital part of who we are as an organization.”

The bank is making use of the Massachusetts Community Investment Tax Credits available when individuals, businesses, and non-profit organizations give $1,000 or more to CDCSB. The bank’s $5,000 donation will result in a 50% ($2,500) credit toward their Massachusetts tax liability or a 50% cash refund–a remarkable leverage for their philanthropic work and a great benefit for those in the community.
Click here to lean more about how your donation can qualify for tax credits.