MVSB recently provided critical support to the Laconia Area Community Land Trust (LACLT) to upgrade its properties by purchasing $40,000 in tax credits from the nonprofit. New Hampshire’s Community Development Finance Authority (CDFA) recently awarded LACLT $500,000 in tax credits to sell to businesses. Proceeds from the sales will be used to upgrade 60 units of LACLT’s permanently affordable rental housing, many of which are showing significant wear and tear. “MVSB’s relationship with the Laconia Area Community Land Trust has grown naturally out of our common commitment to community development and financial education,” said Sam Laverack, President & CEO. “We are […]
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