Back to Grants
FEDERAL
Work Opportunity Tax Credit Initial Funding Allotments for Fiscal Year 2026
This grant provides funding allotments for the Work Opportunity Tax Credit program for Fiscal Year 2026.
About this program
The Work Opportunity Tax Credit (WOTC) program is designed to encourage employers to hire individuals from certain target groups who face significant barriers to employment. This grant allocates initial funding for the WOTC program for the fiscal year 2026, enabling businesses to receive tax credits for hiring eligible employees. The program aims to promote workforce diversity and support economic growth by incentivizing the hiring of individuals who may otherwise struggle to find employment.
Eligibility
Eligible employers who hire individuals from designated target groups.