A+ A A-

MVSB purchases tax credits from Land Trust

LACONIA — Meredith Village Savings Bank has provided critical support to the Laconia Area Community Land Trust's (LACLT) tax credit campaign to upgrade its properties by purchasing $40,000 in tax credits from the nonprofit. New Hampshire's Community Development Finance Authority (CDFA) recently awarded LACLT $500,000 in tax credits to sell to businesses (statewide, more than $4.1 million was recently awarded through the CDFA Tax Credit Program).

"MVSB's relationship with the Laconia Area Community Land Trust has grown naturally out of our common commitment to community development and financial education," said Sam Laverack, Meredith Village Savings Bank President and CEO. "We are so pleased to be able to provide this additional support to aid in their efforts to provide high quality, affordable housing across the Lakes Region."

"We enjoy a terrific partnership with Meredith Village Savings Bank. It is a wonderful local bank which has long supported important community projects, including ours. We are very grateful for all their support and for their purchase of these credits," said LACLT Executive Director Linda Harvey.

LACLT, which is celebrating 20 years of developing permanently affordable housing in the Greater Lakes Region, is working on a Portfolio Strengthening Initiative for its earliest properties, which for years have provided safe, well-managed homes for hundreds of people while increasing property values and tax revenue. Because LACLT remains committed to preserving these permanently affordable community assets, the aging units need a capital infusion to position them for success for the next two decades.

The Tax Credit Program enables businesses to donate to LACLT in exchange for a state tax credit that can be applied against the New Hampshire business profits, business enterprise, or insurance premium taxes. The actual out-of-pocket expense is less than 11% after allowable State and Federal deductions. Tax credits can be purchased to benefit LACLT now through June 30, 2015 and can be used on payment or during a five-year period following purchase.

Proceeds from the sales will be used to upgrade 60 units of LACLT's permanently affordable rental housing, many of which are showing significant wear and tear. For more information about purchasing tax credits from LACLT in support of their Portfolio Strengthening Initiative contact Hope Jordan at 603-524-0747, or visit www.laclt.org.

Last Updated on Thursday, 19 December 2013 10:46

Hits: 96

LRCC Registration Open for Spring Semester 2014

LACONIA — Lakes Region Community College (LRCC) announces Open Registration for the 2014 Spring Semester that starts Tuesday, January 21, for day and evening classes. The Winterim, an intensive 10-day term with classes meeting Monday-Friday for two weeks, begins January 6.

"Almost 400 courses, hybrid (8-week combination of class and online instruction), 100% online learning courses, on-campus classes and laboratory options, are being offered in LRCC's spring terms," says LRCC Academic Affairs Vice President, Tom Goulette.  "I do not remember such a wide array of courses in the 40 plus years LRCC has been operating. It will truly be an exciting term!"

"Courses are being offered in Accounting, Art, Computer Technologies, and Energy Services and that's just the first page of the Spring 2014 schedule," Goulette continues. "Then comes Finance, Fire Technologies, Graphic Design, Human Services, Marine Technology, and Media Arts and Technology."

For more specific information, contact LRCC's Admissions Department at (603) 524-3207 ext. 6766. Financial aid is available.

Lakes Region Community College is a fully accredited, comprehensive community college that serves over 1,200 students annually. LRCC offers 23 associate degree programs including Nursing, Fire Technology, Energy Services, Media Arts, Culinary Arts, Automotive, and Marine Technology, as well as short-term certificate programs.

In addition, LRCC provides a strong background in Liberal Arts for students who choose to do their first two years at a community college and then transfer to a four-year college or university for a baccalaureate degree. LRCC is part of the Community College System of New Hampshire

Last Updated on Thursday, 19 December 2013 10:41

Hits: 116

Committee on Aging to hear talk on Healthy Habits

GILFORD — The Belknap County Area Committee on Aging will discuss "Making Healthy Habits Stick" Friday January 10 at 10 a.m. at the Wesley Woods Community Room at the United Methodist Church. Bill York from Live Free Home Health Care will be the featured speaker.

The Mission of the Belknap County Area Committee on Aging is to advocate and inform the public on matters relating to the development and implementation of local, state and federal programs / issues affecting well being, independence and dignity in keeping with New Hampshire's goal to keep seniors healthy, helping us to realize full potential.

The Belknap County Area Committee on Aging meetings start at 10 a.m.  the second Friday of each month in the Wesley Woods Community Room off Rte. 11A, behind the First United Methodist Church in Gilford. All are welcome.

For more information, contact Stace Dicker-Hendricks at 603-528-2555 or This email address is being protected from spambots. You need JavaScript enabled to view it. .

Last Updated on Thursday, 19 December 2013 10:39

Hits: 103

Citizens Bank Foundation awards $2,500 to New Beginnings

LACONIA — Citizens Bank Foundation has awarded grants totalling $72,500 to help individuals and families facing homelessness

Among the grant recipients were New Beginnings Without Violence and Abuse which was awarded $2,500 for the Changing Patterns, Changing Lives program, which works with victims to increase financial literacy, food security and overall well-being so they can lead a more self-sufficient life.

"At a time when they are experiencing a significant increase in demand, homeless shelters remain committed to assisting the many individuals and families requiring guidance, help and support," said Joe Carelli, President of Citizens Bank and RBS Citizens, New Hampshire. "We recognize the challenges these shelters face and hope these grants will ensure safety and stability, warm meals and other essential services for those in need."

According to the New Hampshire Department of Health and Human Services and the Bureau of Homeless and Housing Services, the state's total homeless population was 2,576 as of January 2013, a 5.4 percent increase over 2012. This included 1,243 sheltered and 442 unsheltered homeless, and 891 who were temporarily residing with family or friends. 418 families are currently homeless in New Hampshire.


Last Updated on Thursday, 19 December 2013 10:34

Hits: 115

The Laconia Daily Sun - All Rights Reserved
Privacy Policy
Powered by BENN a division of the Pittsburgh Post-Gazette

Login or Register