Ann Kuster (D-NH02)
Grappone Automotive
Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts
Grappone receives $18 million in New Markets Tax Credits to build new facility
Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts
Arthur Robert, Monadnock Economoic Development Corporation, Keene, New Hampshire
Using NMTC, our team has been able to work with partners to restore downtown buildings, support expanding manufacturers, and drive multi-use redevelopment into barren and contaminated rail yards. In our rural region, the cost of construction far outstrips rents, creating massive disincentives to improving structures – or constructing new buildings to meet pressing needs.
Sanel Block
The NMTC supported the redevelopment of an entire block – a blighted area in downtown Concord called the “Sanel Block,” on South Main Street.
Parker J. Noyes Redevelopment
The project involves the redevelopment of the Parker J. Noyes building, a vacant, historic three-story, 11,650 sq. ft. wood and steel building into ground floor commercial space and six workforce apartment units on the second and third floor.