Tax Credit Information
Homeless Contribution Tax Credit (HCTC)

Homeless Contribution Tax Credit (HCTC) – 25% Tax Credit
This tax credit program and the first ever homeless-specific tax credit program!
Any Colorado taxpayer can support a Homeless Contribution Income Tax Credit project located anywhere in the State of Colorado. A taxpayer is an individual resident or an eligible domestic or foreign corporation, a partnership, S corporation, or other similar pass-through entity, and a partner, member, and subchapter S shareholder of such a pass-through entity.
The Colorado Homeless Contribution Tax Credit provides a 25% state income tax credit to Colorado taxpayers who contribute to eligible homelessness-related projects within Colorado. Family Housing Network is an approved project.
- Gifts made to Family Housing Network of $200 or more are eligible for the new Homeless Contribution Tax Credit, including cumulative gifts that total $200+ by year-end.
- In-kind contributions must be $5,000 or more as evaluated by a third party on the date of the donation.
- Amount credited to each donor cannot exceed $100,000 per tax year. This would be $400,000 in giving.
Please note, the Colorado statute (C.R.S. 39-22-548) for this particular tax credit requires the last four digits of your Social Security Number to be on the distributed tax credit certificate. A Colorado tax ID is not eligible. This information is entered by the receiving nonprofit during gift processing and the certificate is issued by the Colorado Department of Local Affairs (DOLA) via encrypted email or by mail.
How to Give for Colorado’s Homeless Contribution Tax Credit
To make a donation for Colorado’s Homeless Contribution Tax Credit, please include “HCTC” in the memo line of your check (made payable to Family Housing Network) or if giving online, under “Gift Preferences”, select the HCTC option. Please do not include your SSN in a comment on an online gift, within an email, or within a voicemail message. Instead, please call us at (970) 484-3342 anytime between 9:00AM and 4:30PM, Monday through Friday, to provide your information securely by phone. To learn more about Colorado’s Homeless Contribution Tax Credit, please visit the state’s website here: https://cdola.colorado.gov/hctc.
