The NH Community Development Finance Authority (CDFA) awarded $5 million in tax credits to projects throughout the state. The funds will have a significant impact on initiatives that advance local community economic development goals, capacity building for the NH nonprofit sector, and support for economic development across the state.
The following organizations have been awarded tax credits from CDFA for their respective projects.
Sullivan County (Newport) – $108,500: Tax Credits will support the Sullivan County Lead Abatement Program, a county-wide effort to remove lead hazards from sixty low- to moderate-income housing units in the next three years.
Family Promise of Southern New Hampshire (Nashua) – $400,000: Funds will support the expansion of the organization’s transitional housing program, which provides residency and case management for families temporarily experiencing homeless.
Friends of the Concord-Lake Sunapee Rail Trail (Concord) – $200,000: Tax Credits will support the completion of a 2.5-mile section of rail trail in Concord. When completed, the trail will stretch from Horseshoe Pond in Concord to Sunapee Harbor in Newbury.
Hope on Haven Hill (Rochester) – $500,000: Funds will help to build the organization’s Center for Hope and Wellness, enabling Hope on Haven Hill to significantly expand programming, create community convening space, offer childcare and develop a workforce training program space for mothers in recovery.
Hundred Nights, Inc. (Keene) – $750,000: Tax Credits will help the organization purchase a Keene property and build a 48-bed emergency shelter and resource center in which to offer safer, more efficient, cost-effective, and appropriate shelter and crisis-related services to individuals and families in the Monadnock region.
Kimball Jenkins (Concord) – $325,000: The organization will leverage Tax Credits to improve the accessibility and efficiency of the historic facilities, which serves as an important cultural and economic hub for artists and events within the region.
Lakes Region Community Developers (Belmont) – $750,000: Funds will support the Gale School Redevelopment Project to transform a dilapidated, historic property into a vibrant community facility housing a childcare center operated by Boys & Girls Club of Central NH and a program center operated by Lakes Region Community Services.
Mascoma Valley Preservation (Grafton) – $300,000: Tax Credits will support the rehabilitation of three historic buildings in East Grafton. The project demonstrates strong community and economic benefit by rehabilitating an affordable housing unit and community space in a rural, under-resourced area.
Mid-State Health Center (Plymouth) – $300,000: The organization will leverage Tax Credits for the construction of a state-of-the-art childcare center to address the region’s unmet childcare needs.
Palace Theatre Trust (Manchester) – $63,000: Funds will support safety and accessibility improvements to the organization’s Forever Emma Studios, demonstrating strong community benefit by increasing access to arts for youth.
Southwestern Community Services (Keene) – $475,000: Tax Credits will support the organization’s collaborative approach to the “21 in 21” neighborhood revitalization program in Keene’s East Side. The project demonstrates strong community and economic benefit, through the rehabilitation and weatherization of twenty-one workforce housing units.
The Music Hall (Portsmouth) – $63,000: The organization will leverage funds to install a new, state-of-the art lighting system. The Music Hall is an important community hub and economic driver within the region. The project demonstrates strong community and economic benefit by increasing access to arts and improving energy efficiency.
Town of Lancaster (Lancaster) – $155,500: Tax Credits will support the replacement of aging, outdoor playground equipment and add a covered pavilion at the Colonel Town recreation area in downtown Lancaster, which serves the surrounding region.
Waypoint (Rochester) – $115,000: Funds will support the development of a drop-in center in Rochester that will provide prevention and early intervention services for youth and young adults who are homeless or at-risk of becoming homeless.
CDFA also awarded tax credit funds for its L5 Capacity Building Program, which is focused on providing an infusion of capital at a pivotal point in a nonprofit organization’s development:
Ascentria Care Alliance (Statewide) – $75,000: Funds will support the expansion of the organization’s Good News Garage and Wheels to Work programs. The programs accept vehicle donations to be refurbished and awarded to families in need.
Family Promise of Southern New Hampshire (Nashua) – $50,000: Funds will be used to hire a Diversion Program case manager.
Granite State Adaptive (Tuftonboro) – $40,000: Resources will support the growth and strengthening of the organization, specifically as it assesses its ability to purchase and develop an accessible, multi-use facility that will enable them to grow their programs which serve individuals with disabilities.
Hannah Grimes Center, Inc. (Keene) – $74,575: Funds will be used for a multi-pronged capacity building effort to strengthen the organization and deepen its ability to collaborate and grow programs that serve the community.
Hope on Haven Hill (Rochester) – $60,000: Resources will be used to develop and pilot a new program, “Pathways to Employment,” to secure meaningful employment for mothers with substance use disorder who are parenting young children.
The Homeless Center for Strafford County (Rochester) – $45,500: Funds will be used to hire an Aftercare Case manager, which will add critical capacity to the organization’s case management team and overarching efforts to help keep families in permanent housing following shelter stays.
YWCA New Hampshire (Manchester) – $50,000: In partnership with the Manchester Community Action Coalition, resources will help YWCA New Hampshire to expand the Virtual Tutoring program and transition from an all-volunteer to a staffed project. The program provides important, family-centered supports to the local community.