Live, Work, Thrive

A Note from Jay Coburn, CDP President & CEO

The busy summer season has finally arrived. Earlier in May, we received the good news from the Commonwealth of Massachusetts that the CDP received an allocation of $300,000 in Community Investment Tax Credits (CITC). The Tax Credits enable us to leverage private sector investment in the important work we do to build a diverse year-round community of people who can afford to live, work, and thrive here.

This is the eleventh year that the CDP has benefitted from the CITC program – an innovative tax incentive designed to support over 40 community development corporations across the Commonwealth in generating broader financial support from individuals and businesses. Donors of $1,000 or more to the CDP are eligible to receive a state tax credit worth 50% of their contribution.

The Community Investment Tax Credit has been transformative for the CDP. Ten years ago, we received $138,000 in contributions and grants from the private sector to support our work. This year, we expect to receive contributions of $1 million from individuals and businesses, with two thirds of those contribution leveraged by the CITC program.

Funds raised through the CITC program support a broad range of programming here at the CDP. In past years, the funds have enabled us to start new programs, such as the Lower Cape Community Housing Partnership, or fill gaps in our budget so that we may sustain programs for the long term.

We have exhausted our annual allocation for the last several years and often do so by October. If you have used the CITC program in the past or would like to support our work and receive a tax credit this year, please get in touch with our Chief Advancement Officer, Laura Cannata, laura@capecdp.org, as soon as possible to reserve your credits for 2024.

Please Join Us!

For a joy-filled evening to celebrate our community and the work of the Community Development Partnership

Thursday, August 22, 2024

5:00-7:00 pm

Greenhouse By The Sea

50 Tar Kiln Road, Orleans

A Summer Evening on the Farm supports the CDP’s work to create safe, affordable year-round housing and strengthen local businesses through training, technical assistance, and loan capital.

Promoting Community Through Housing Stability

“You must be remarkably persistent to find affordable housing."

 – Trevor Pittinger, resident of the Town of Provincetown's Harbor Hill apartments

Trevor Pittinger's story poignantly illustrates Provincetown's housing crisis and how having stable, affordable housing at the Town of Provincetown's Harbor Hill residences has helped him thrive, build a career, and contribute to the community's overall well-being.

Pittinger is Executive Director of the Provincetown Business Guild

After living in New York City for ten years, Pittinger moved to Provincetown in May 2019. He had been working in digital media and performing classical theater in NYC.

The passing of his father was the reason for his move, as he felt the need to relocate to a place where he could take time to heal and make a fresh start. Provincetown's vibrant community and healing atmosphere seemed like the perfect fit for him.

Unfortunately, his first housing situation was not ideal. He and his friends found a non-winterized “three-bedroom” on Franklin Street, but he says it was more like a bunkhouse. The summer rent cost $24,000, which was a significant financial burden. On the bright side, Pittinger believes living there helped him integrate into the community and build relationships that eventually led him to find more stable housing.

Read more about Trevor Pittinger

Developing Entrepreneurs for Sustained Growth and Success

"There are so many things to focus on as a business owner, the skills I gained working with Pam (Andersen) give me the ability to focus on all of those pieces of the puzzle.”

 – Chase Hiffernan, Coyote Kayaks and The Yoga Joint, Provincetown

Hiffernan is the Founder and Owner of Coyote Kayaks and The Yoga Joint in Provincetown

In the heart of Provincetown, Chase Hiffernan is living his dream. As the proud owner of Coyote Kayaks, a popular boat rental company, and The Yoga Joint, a serene yoga studio, Chase's passions for being outdoors and wellness have made him a successful entrepreneur and owner of two thriving businesses. He credits the Community Development Partnership and the CDP's Pam Andersen, Director of Business & Credit Programs, for providing him with the knowledge and tools to thrive today and in the future.  

Last year, Chase made a significant investment by purchasing an existing kayak rental business and turning it into a shared location for Coyote Kayaks and The Yoga Joint in Provincetown. The move was a game-changer, allowing him to create the community building businesses he envisioned. The acquisition provided a stable foundation for both of his businesses to flourish. 



Read more about Chase Hiffernan

Donor Spotlight

Doubling Impact Through the CITC Program

"It's so important for people to give, to show local support for creating housing for people who need it. It's a never-ending process."

 – Jack Hornor, CDP Supporter and Provincetown Homeowner

Jack Hornor and Ron Skinn, photo credit: United Way of Hampshire County

Thank you for reading and for your support.

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