BOOTHBY THERAPY SERVICES SUPPORTS GALE SCHOOL  Photo caption (left to right): Christopher Boothby, Vice President Business Services; Jennifer McGreevy, Director of Company Partnerships; Maren Boothby, President; Carmen Lorentz, Lakes Region Community Developers; Heather Sydorwicz, Director of Related Services; and John Rodrigues, Chief Operations Officer. Boothby Therapy Services has purchased $100,000 in New Hampshire business tax credits to support the redevelopment of the Gale School in Belmont. The project will transform the historic schoolhouse into a community facility that will include a new early learning center operated by the Boys & Girls Club and a new program center operated by Lakes Region Community Services. “We’re always looking for ways in which we can support the children and families in our community beyond what we offer at Boothby Therapy Services,” said Maren Boothby, MS, CCC-SLP and President, Boothby Therapy Services. “Contributing to the redevelopment of the Gale School falls perfectly in alignment with our mission to help children succeed and we are proud to be a part of this fantastic project.” “We are incredibly thankful to have the support of Boothby Therapy Services,” said Carmen Lorentz, Executive Director of Lakes Region Community Developers (LRCD), the developer of the project. “Support from our local business community is critical to bringing the Gale School back to life so it can serve children and families once again.” MORE TAX CREDITS AVAILABLE NEXT YEAR Construction on the Gale School could begin as early as summer 2022 if all funds are secured as planned. LRCD was awarded $500,000 in tax credits for this year and another $250,000 for next year. All $500,000 for this year have been sold. Businesses interested in purchasing tax credits next year for the Gale School project should contact Carmen Lorentz at LRCD by calling (603) 524-0747, ext 110. NH EMERGENCY RENTAL ASSISTANCE PROGRAM The NH Emergency Rental Assistance Program provides financial assistance for New Hampshire renters who cannot pay their rent and utilities during the pandemic. The program works with tenants and landlords, and is expected to be available through at least 2022. The state’s five Community Action Partnership agencies accept and process applications for assistance. Applications can be submitted at CAPNH.org. Since it launched in March, NHERAP has expended $75 million to help more than 10,000 New Hampshire households remain in their homes by making payments to property owners and utility companies. As of this writing, approximately 60 LRCD tenants have collectively received $201,965 in rental assistance in 2021, with another $22,194 in assistance pending. LRCD residents have also been assisted by generous funders who supported our Eviction Prevention Program. Funders include NeighborWorks America, The Dobles Foundation, The Linden Family Foundation, Northeast Delta Dental, The Hodges Companies, and EverSource Engergy. LEGISLATIVE UPDATES FEDERAL UPDATES Funding for housing and community development in the federal fiscal year 2022 budget remains on hold despite the new fiscal year having started on October 1, 2021. In order to prevent a government shutdown earlier this month, Congress passed a second continuing resolution that funds all federal programs at fiscal year 2021 levels through February 18, 2022. Congress is one step closer to enacting the Build Back Better Act with the House’s approval on November 19. Build Back Better includes major investments in housing, including:
STATE UPDATES As the New Hampshire Legislature gears up for its 2022 session, here are two issues we are paying attention to: We expect the “Housing Toolkit” bill will be reintroduced (again). This bill contains a range of new tools that local governments can use to encourage development of affordable housing. Despite being drafted and sponsored by a bipartisan group of legislators in 2019, the bill died during the truncated 2020 session and faced unexpected opposition during the 2021 session. Let’s hope the third time’s the charm this year! The Housing Appeals Board has been up and running for about a year now, doing its important work to provide an expedited process for housing developers to appeal denial of local approvals outside the NH court system. We expect, yet again, that there will be an effort by some in the legislature who oppose affordable housing to shut down the Housing Appeals Board. TAKE THE WHEEL - TWO NEWEST GRADUATES Take the Wheel NH has had two more successful graduates! One is a full-time employee at a Lakes Region manufacturing company who has been riding a bike to work. The other is a full-time employee of a domestic violence shelter whose high-interest rate on their current car loan was making it impossible to get ahead. We are thrilled that they have both found reliable, fuel-efficient, and affordable cars! LRCD continues to be grateful to the hard working and generous partners of this program, HOMEteamNH, Franklin Savings Bank, and Grappone Automotive Group. We are also grateful to the programs major funder, The Linden Family Foundation. OVERNIGHT CAMP SCHOLARSHIP PROGRAM With the generous support from businesses and individuals, 11 children who live in our affordable housing developments will have the opportunity to experience overnight camp in summer 2022. Lakes Region Community Developers (LRCD) has established an Overnight Camp Scholarship program in partnership with YMCA of Greater Boston, the owner and operator of North Woods Camp for Boys and Pleasant Valley Camp for Girls, both in Tuftonboro, NH. Campers will attend either North Woods Camp for Boys or Pleasant Valley Camp for Girls for two weeks. They will learn outdoor skills, conquer fears, and build confidence, friendships and memories that leave a lasting imprint. Camp allows all kids to just be kids and provides a life-changing experience. Thank you to all those that supported this program!     FAQS ABOUT LRCD - OUR DEVELOPMENT PROCESS Before you see a completed project, a long list of things has happened. Some of those things are:
Once funding is secured, another 6-8 months and $100,000 to $150,000 more to get to closing and start construction. After approximately 28 months and $200,000+ construction is able to begin. Comments are closed.
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193 Court Street, Laconia, NH 03246 • 603.524.0747
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