Nelly Palmer, Former NMTC Credit Analyst, Cornish, NH
I worked on NMTC deals for over 10 years at a small community bank in NH. In every deal financed, the NMTC enabled the wealthy developer to get wealthier still and a beautiful building was built also.
Michelle LeClair, Mascoma Community Development, Lebanon, NH
I work with a CDE that has deployed $253 million in NMTC allocation to support $717 million in development costs which created and retained over 3,500 jobs since 2016. My experience has been that this program works! The incentive to investors brings valuable funds to redevelop areas of disinvestment and begins turning blighted communities into […]
Adelaide Guarracino, Capone Iron Corporation North Woods, Inc., Berlin, NH
I can remember sitting in many meetings with local Coos County (NH) officials who were so happy to hear of our intent to open a steel fabrication plant in Berlin, NH thanks to the NMTC program. They were overjoyed to learn of Capone’s intent to employ workers of all levels (skilled welders, painters, detailers, estimators, […]
Keith Thibault, Southwestern Community Services, Keene, NH
There are very few true investment programs for lower income
Cody Morrison, Monadnock Economic Development Corporation, Keene, NH
The NMTC is critical to our community’s social and economic wellbeing. Using NMTC, our community has been able to complete public projects including a renovated courthouse and library, and the construction of a new homeless shelter that will serve the most vulnerable. We have also used NMTC to create rural manufacturing jobs, through the renovation […]
Stephen CApone, Capone Iron Corporation, Berlin, NH
Utilizing the NMTC loan program we were able to build a state-of-the-art steel fabrication facility in the economically depressed city of Berlin NH. Tying this program to job creation afforded us the opportunity that would have not been possible with traditional bank financing.
Stephen Capone, Capone Iron Corporation North Woods, Inc., Berlin, NH
The NMTC program was critical to Capone Iron Corporation North Woods, Inc. Without this program, we would not have been able to expand our operations to Berlin, NH and support/stimulate the local economy. The financing we received allowed us the opportunity to construct a steel fabrication facility and create many jobs for local residents, as […]
Larry Haynes, Grappone Automotive Group, Concord, NH
The NMTC Program has been an important economic revitalization program in our community. Several important projects would not have been completed had it not been for NMTC. I support making the program permanent.
Hundred Nights Emergency Shelter & Resource Center
Construction of a new 15,180 sq. ft. emergency housing shelter and resource center. The project created quality and accessible job jobs and enhanced local services to low-income people and the surrounding community.
Rep. Kuster (D-NH) Tours Renovation of Parker J. Noyes Building in Lancaster
Congresswoman Kuster tours renovation of historic building in Lancaster
Edward Shanshala II, Ammonoosuc Community Health Services., Inc., Littleton, NH
Investing in primary preventive medicine, is the last first chance for optimal individual health and community wellness. NMTC is an important tool to enable resilience and regeneration in addressing the vital conditions of health. Be mindful, be active, and be well, Ed
Maggie Goodlander (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.
Nashua Performing Arts Center
The former Alec’s Shoe store building at 201 Main St. will soon be demolished to pave way for the $25 million theater complex.
Littleton Consumer Cooperative Society, Inc.
The 6,000-sq. ft. addition allows the co-op on Keene’s Cypress Street to expand popular departments, such as meats, seafood, the deli and prepared foods. The current store is about 8,000 sq. ft..
Lancaster Patient Care Center at Weeks Medical Center
New construction 45,000 sq. ft. addition to a medical facility to increase services of the rural health clinic and critical access hospital in a medically underserved area.
Mondanock Food Co-op
NMTC financing brings new jobs and affordable food to rural New Hampshire food desert
Keene Public Library Expansion
The Keene Public Library’s $13M expansion project connected the main library to a neighboring annex building.
Benson Woodworking
A 104,000 sq. ft. expansion project retaining and creating living wage jobs.
The Concord Theatre
The renovation of a theater facility.
The Bindery
New construction of a 69,340 sq. ft. five-story LEED-certified building in Concord, NH.
Richard Jennings, Managing Director, Mascoma Community Development, Hanover, NH
The most powerful tool to generate positive community and economic development in distressed communities throughout the Nation.
Tess Kuenning, President and CEO, Bi-State Primary Care Association, Bow, NH
Thank you so much for your thoughtful consideration of this important issue. Bi-State Primary Care Association is a nonpartisan, nonprofit organization that represents New Hampshire and Vermont’s 28 Community Health Centers, serving over 315,400 patients at 143 locations across every county in both states. Bi-State works to promote access to quality, affordable, primary health care […]
Katherine Easterly Martey, Executive Director, New Hampshire Community Development Finance Authority, Concord
Projects in rural Northern New England have been made possible because of the equity from the NMTC program. With out the NMTC equity the projects would not have been built. The projects have revitalized significant industries in rural NH like the creation of two new food cooperatives that serve as a hub of community activity, […]
Michael D. Lee, President/CEO, Weeks Medical Center, Lancaster, New Hampshire
It allowed us to build a rural health care center in an area needed. We will improve the quality and life of patients in Coos County. If the funding would not have been available, the project would not have happened.
Robert Elliott, CFO, Monadnock Economic Development Corp, Keene, New Hampshire
Because we leverage NMTC funds with Community Development Block Grant Funds and a State Community Development Improvement Program the power of the NMTC funds positively affecting employment at all levels is enhanced tremendously