Housing Champion: CATIC New Hampshire
“Housing availability is such a critical issue in our state right now. CATIC is glad to support the work that Lakes Region Community Developers is doing to help ensure that everyone lives in a safe and affordable home.”
~ Leigh Willey, New Hampshire Underwriting Counsel, CATIC New Hampshire
Update on Bay Street Apartments
We will be back in front of the Laconia Planning Board on November 6 with our site plan application for 12 units of supportive housing on Bay Street in Laconia. You can read about the public hearing and board discussion at the October 3 meeting here.
The problem with Bay Street project is parking – or is it? | Local News | laconiadailysun.com
We continue our efforts to educate the community about the fact that most of the people who will live in the building do not own vehicles - they simply do not have enough income for a car. The six on-site parking spaces in our site plan is more than sufficient based on the population that will be served. Funding for the project requires us to serve this population for 30 years, and we are willing to enter into a longer-term agreement with the City if desired.
USDA Obligates $591,000 for Gale School Redevelopment
The United States Department of Agriculture – Rural Development (USDA) recently obligated a $391,000 congressionally directed spending request made by Senator Jeanne Shaheen for the Gale School Redevelopment Project in Belmont. USDA also obligated a $200,000 Community Facilities Loan for the project at the same time.
This federal funding brings Lakes Region Community Developers (LRCD) one step closer to starting construction on this highly anticipated project, which has been delayed due to cost increases. Project cost estimates increased significantly since 2020, resulting in the need for LRCD to seek more funding than originally anticipated.
Dental Fund Replenished!
We are happy to report that our Dental Fund now has about $10,000 in it, which will enable us to help our tenants access the dental care they need over the next 12 months. This summer, we received a $5,000 grant from Northeast Delta Dental Foundation; a $3,000 grant from the Agnes Lindsay Trust; a $1,250 grant from Speare Memorial Hospital; and several individual contributions. Thank you so much!
Eversource Supports Eviction Prevention
Thank you to Eversource for the $1,000 grant for our Eviction Prevention Program! This program combines targeted outreach and supports with direct financial assistance to help our tenants maintain their housing through a time of crisis. So far in 2023, LRCD has made over $30,000 in payments to help 50 of our tenants maintain their housing.
Pictured: Mary-Kate Daley of Eversource and Carmen Lorentz of LRCD