Housing Champion of the Month: Melcher & Prescott Insurance "Affordable housing is clearly a challenge here in the Lakes Region. I believe affordable housing is important for producing economic growth along with creating vibrant and inclusive neighborhoods. When families can't meet their basic housing needs, businesses will struggle to attract and retain employees and our local communities will become less diverse." - Bill Bald, President of Melcher & Prescott Insurance THANK YOU Melcher & Prescott Insurance! We need the financial support of our local business community in order to produce more units of affordable housing for essential workers. Most housing developments that we undertake cost us $150,000 to $300,000 before we can get a shovel in the ground. Email CLorentz@LRcommunitydevelopers.org today if your business would like to be a Housing Champion. LRCD Receives Grant from NH Electric Coop FoundationWe are grateful for ongoing support from the NH Electric Coop Foundation. They recently added $5,000 to our eviction prevention fund to help our tenants maintain their housing. LRCD uses this fund to make matching payments on behalf of tenants to help them pay outstanding rent or utility balances, so they avoid eviction. Since the NH Emergency Rental Assistance Program ended in October 2022, people who fall behind on rent have few places to turn for help. LRCD has made $25,000 in eviction prevention payments since October, which is more than double what we previously did in an entire year! Thanks to support from NHEC Foundation, we have funding available to help people who find themselves in this stressful situation. Eviction prevention is a very cost-effective way to address the crisis of homelessness. Evictions are traumatic and disruptive to families, and they are costly to our community in terms of lost productivity at work and school and increased demand on healthcare, public safety, and social services. Thank you to NHEC Foundation for recognizing the importance of this effort!  Pictured L to R: Melissa Shadden-Cyr, LRCD Resident Services; Sara Thielbar, NHEC Foundation; Kerri Lowe, LRCD Resident Services A Look at Resident ServicesLRCD does so much more than develop affordable housing. We want to see our residents grow, thrive, and succeed! Our Resident Services Coordinators provide them the support and resources they need to do so. Introducing LRCD Resident Services! 2022 Impact Report We are so proud of the work we do! While there is still more progress to be made, we invite you to explore our 2022 Impact Report to learn more about the needs of our community as well as our accomplishments over the last year. Save the Date! NH Gives 2023SAVE THE DATE! Support LRCD with your donation during NH Gives, June 6 - 7.  Affordable Housing in the NewsTwo important studies about housing have been in the headlines recently, and we wanted to make sure you saw them.
90,000 units in two decades: New report puts a big number on state’s housing crisis – New Hampshire Bulletin Zoning atlas puts New Hampshire’s municipal housing barriers on display - NH Business Review (nhbr.com) Comments are closed.
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193 Court Street, Laconia, NH 03246 • 603.524.0747
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