In December of 2017 our successful efforts to obtain and sell tax credits to fund a new position at SEDC were featured in a piece posted by ReThink Health in Cambridge, Massachusetts. By selling tax credits awarded by the New Hampshire Community Development Finance Authority, SEDC was able to establish a new position to assist Strafford County regional treatment and recovery centers to connect with funding to build capacity, much needed infrastructure, and support organizational stability.
ReThink Health proposes that this method of financing health initiatives be adopted to fund other regional health initiatives.
We thank ReThink Heath and Amanda McIntosh for their acknowledgement and recognition of our efforts in the region!
In March of 2018, Hope on Haven Hill in Rochester closed on financing to purchase the facility they operate in located on Rochester Hill Road. SEDC located low fixed-rate financing and acted as a liaison throughout the process. We connected Hope on Haven Hill with New Hampshire Health and Education Finance Authority and assisted with loan application and closing processes.
Congratulations to Hope on Haven Hill!