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Portfolio Strengthening Tax Credits Sold!

3/9/2016

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We celebrate these local businesses that care about the community and the people in it. Thanks to them we sold $373,850 in state tax credits! These funds were matched by our national partner NeighborWorks® America. Thanks to the tireless volunteer leadership of Eliza Leadbeater we have completed our Portfolio Strengthening Tax Credit sale.

LACLT is using the funds to upgrade and refinance the first 60 units of permanently affordable housing we developed.  This investment will allow for improved properties, improved fiscal performance, stabilized rents, and secure homes.

Through this Portfolio Strengthening Initiative we have replaced porches and roofs and completed minor and gut rehabs. Additionally, we installed a new manufactured home at Frances Court in Meredith which is highlighted in more detail  on page three.

Since beginning 23 years ago we’ve been honored to work with hundreds of partners to support our growth from a fledgling start-up to a strong, successful, award-winning organization. However, we are still a small nonprofit that relies on the support of the local community. With business partners to leverage our resources, we are able to accomplish far more than we could on our own. We are grateful for their generosity and support.

Meredith Village Savings Bank
Melcher & Prescott Insurance
Franklin Savings Bank
Gary Chicoine Construction
EPTAM Plastics, Ltd.
Laconia Clinic, P.C.
Common Man Family
Mill Falls at the Lake
RFS Engineering, P.C.
Belknap Landscape Company, Inc.
Jeremy Hiltz Excavating, Inc.
Mainstay Technologies, LLC
Robert H. Irwin Motors, Inc.
Wescott, Dyer, Fitzgerald & Nichols, PA
Eckman Construction Company, Inc.
Northway Bank
Malone, Dirrubo, & Co.
Boulia-Gorrell Lumber Co., Inc.
Hunter Homes, Inc.
Stewart Associates Architects, LLC    
Dr. Downing, DMD
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© 2019 Lakes Region Community Developers

  • HOME
  • FIND A HOME
    • Rental Opportunities
    • Home Buyer Education
  • ABOUT US
    • Current & Recent Projects
    • Plans & Reports
    • Leadership
    • Housing & Economy Snapshot >
      • 2020
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    • Take the Wheel NH
    • Careers
  • CONTACT US
  • RESIDENT RESOURCES
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  • LATEST NEWS
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