Latest News - July 2019

Ashland Project Underway

After many months of hard work, LRCD closed on the financing package for a $4 million rehabilitation project on our 40 unit apartment complex in Ashland (known as Ledgewood Estates). The property will be called Ames Brook Apartments after renovations are complete.
 
We are grateful to our partners at USDA Rural Development, NH Housing, Raymond James, NH Community Development Finance Authority, the Town of Ashland, Federal Home Loan Bank of Boston, and Franklin Savings Bank for working with us to fund this much-needed renovation project and bring this property up to our healthy housing standards. We also thank NeighborWorks America and Rural LISC for their support throughout the pre-development stages of this project.

Stewart Associates Architects is providing all architecture services and North Branch Construction was selected as the construction manager. Planned renovations will improve life safety systems, indoor air quality, accessibility, and energy efficiency.

Ashland Project Team at Preconstruction Meeting.
Pictured L to R: Nick Trudel of North Branch Construction, Jim Schwarzkopf of North Branch Construction, Peter Stewart of Stewart Associates Architects, Kevin Leonard of Northpoint Engineering, Greg Malette of North Branch Construction, Shaun Malone and Ken Heath of NH Housing

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Legislative Update

The good news is that the new state budget contains several provisions to help address New Hampshire’s housing crisis. The bad news is that the budget was not finalized before the June 30th deadline, and legislative leaders and the Governor have yet to agree on a way forward.
 
In the meantime, a continuing resolution was approved that funds all state programs at the same level as last state fiscal year. Unfortunately, the fate of many good proposals to address the housing affordability crisis hangs in the balance until the budget is finalized. Read Housing Action NH’s latest update for details.

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Help Build Affordable Starter Homes

$150,000 in NH State Business Tax
Credits Available

1. Does your business struggle to recruit qualified candidates for open positions? 
2. Is lack of suitable and affordable housing an issue for your current or potential employees?
3. Do you want to see young families thrive in the Lakes Region?
    

If you answered yes to any of these questions, please consider purchasing some of our NH business tax credits to help build Harriman Hill Homes, a development of 20 affordable starter homes in Wolfeboro, NH. Click here for more information, or contact Carmen Lorentz at (603) 524-0747 ext 110 or CLorentz@LRcommunitydevelopers.org.

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Community Building - Laconia

The art class at River's Edge started out as a one-time visit but turned into a weekly hour of relaxation and creative outlet for our residents. We give our thanks to the art teacher Alison for donating her materials, time, and expertise! The curriculum has spanned from pastels to pour painting, with every student being able to discover their own style and preferred medium. This program has encouraged residents at River's Edge to step out of their comfort zone and create beautiful pieces of art!

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Another Hole-In-One!

The art class at River's Edge started out as a one-time visit but turned into a weekly hour of relaxation and creative outlet for our residents. We give our thanks to the art teacher Alison for donating her materials, time, and expertise! The curriculum has spanned from pastels to pour painting, with every student being able to discover their own style and preferred medium. This program has encouraged residents at River's Edge to step out of their comfort zone and create beautiful pieces of art!

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Green Tip - Household Hazardous Waste

As a NeighborWorks America Green Designated Organization, we have incorporated green practices across all our lines of business, and we strive to inspire our community to choose green practices for their homes and businesses. We hope you enjoy our monthly Green Tip.

Dispose of hazardous household items properly at your local Household Hazardous Waste Day. Residents and taxpayers of Alexandria, Andover, Belmont, Bridgewater, Bristol, Center Harbor, Effingham, Franklin, Freedom, Gilford, Gilmanton, Hebron, Hill, Holderness, Laconia, Meredith, Moultonborough, New Hampton, Northfield, Ossipee, Sanbornton, Sandwich, Tamworth, Tilton and Tuftonboro are eligible and encouraged to bring their hazardous waste products to any of the collection sites. on July 27th from 8:30am to 12:00pm and/or August 3rd from 8:30am to 12:00pm.

Visit the Lakes Region Planning Commission website for a list of eligible items and the 2019 HHW Participant Survey you're required to complete.