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- Jan. 14 Workshop:HOW TO RUN FOR ELECTION BOARD IN 2013; HOW TO RUN FOR COMMITTEEPERSON IN 2014
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Goode receives Community Development Champion Award
City Councilman At-Large W. Wilson Goode, Jr. receives the Philadelphia Association of Community Development Corporations’ 2013 Community Development Champion Award in recognition of his creation and expansion of the Philadelphia Community Development Corporation (CDC) Tax Credit Program. The award is presented at PACDC’s Annual Gala and Awards Ceremony.
The CDC Tax Credit Program was created by Councilman Goode through a bill approved on November 14, 2001. It began as a pilot program under which up to ten (10) businesses would receive tax credits of $100,000 per year against business income and receipts tax liability for each year the business contributes $100,000 in cash to a qualifying CDC. Each business is required to enter into a contribution agreement with the City for ten (10) years. The permanent tax credit program was recently expanded to forty-two (42) partnerships each contributing at least $850,000 over ten years.