Meredith Village Savings Bank (MVSB) pledged to purchase $50,000 in New Hampshire business tax credits from Lakes Region Community Developers (LRCD) to support Harriman Hill Homes, a development of 20 affordable starter homes in Wolfeboro, NH. The proceeds of LRCD’s tax credit sales will offset the cost of the road, water and sewer infrastructure for the development so that the homes can be sold for around $200,000 to first-time buyers who make less than 120% of the area median income, which is $83,000 for a family of four. LRCD still has $150,000 in tax credits to sell by March 30, […]
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