The New Hampshire Community Development Finance Authority (CDFA) has awarded Mid-State Health Center $300,000 in support of their Children’s Learning Center Expansion project. The award will help fund Mid-State’s new facility for their existing childcare program that will become the learning home for over 60 children in the fall.
“Organizations awarded Tax Credit resources have demonstrated a strong commitment to their communities – in the midst of uncertainty and significant challenges – that speaks to the resiliency and vibrancy of the Granite State,” commented Katy Easterly Martey, Executive Director, CDFA. “These community builders are driving positive, long-lasting change within our communities.”
“We are extremely grateful for the funding from the CDFA and their support to help ensure a successful future for this project. Every dollar counts and adds up to fund our Children’s Learning Center expansion” says Mid-State’s Director of Marketing, Communication, and Philanthropy, Audrey Goudie.
The new Mid-State Children’s Learning Center will be easily accessible, located on Tenney Mountain Highway, and will ensure families have a place for their children to learn, grow, and play. The building itself will serve as a learning model to children, and the community, with features such as solar panels, as well as both indoor and outdoor play areas. To learn more about the project and how to contribute, visit https://www.midstatehealth.org/childrens-learning-center/.
CDFA Tax Credit awards are made to organizations in the form of tax equity. New Hampshire businesses support the selected projects by purchasing the tax credits, resulting in the nonprofit receiving a donation and the company receiving a 75 percent New Hampshire state tax credit against that contribution. The credit can be applied against the Business Profits Tax, Business Enterprise Tax, or Insurance Premium. To learn more about CDFA’s Tax Credit Program, visit: https://nhcdfa.org/investing-in-nh-communities/tax-credit-program/.