The state Community Investment Grant Program has awarded NeighborWorks Southern Mass. $80,000 in state tax credits to support the nonprofit’s efforts to promote homeownership in the region.

NeighborWorks Southern Mass. was one of 38 community organizations selected to receive the state tax credits, which will provide a 50 percent state income tax credit to individuals and businesses that make a contribution of $1,000 or more to the organization. In addition to the state tax credit, donors may also claim a portion of the donation as a charitable deduction on their federal tax return.

NeighborWorks Southern Mass. hopes the tax credit and charitable deduction incentives will spark interest from both individual donors and investors, helping the agency raise up to $160,000 in private-sector donations.