Bank of New Hampshire has purchased $25,000 in Community Development Finance Authority tax credits to support the New Hampshire Community Loan Fund’s efforts to expand economic opportunity and strengthen communities across the Granite State.
Since 1983, the New Hampshire Community Loan Fund has provided loans, coaching and guidance to help individuals, families, businesses and communities achieve economic security. Through its innovative “neighbors investing in neighbors” philosophy, the organization supports affordable homeownership, resident-owned communities, small businesses and nonprofits, energy solutions and community development projects throughout the state.
The bank’s investment reflects its ongoing commitment to supporting organizations that create pathways to financial stability and strengthen the quality of life for New Hampshire residents.
“Strong communities are built when individuals and families have access to the resources and opportunities they need to succeed,” said Bambi Lane, AVP – Commercial Banker at Bank of New Hampshire. “The New Hampshire Community Loan Fund has a long history of helping people achieve economic security through innovative financing and community-based solutions. We are proud to support their work and the positive impact they continue to make throughout our state.”
“Bank of New Hampshire’s support helps us create more affordable homeownership opportunities for hard-working families, essential workers and retirees across New Hampshire,” said Bonnie Scadova, Chief Financial Officer with New Hampshire Community Loan Fund. “Through partnerships like this, we can create stronger communities rooted in economic security with opportunity for all.”
Founded in 1831, Bank of New Hampshire is the oldest and one of the largest independent banks headquartered in the state. With assets exceeding $2.8 billion and 21 banking offices across New Hampshire and southern Maine, the bank provides comprehensive deposit, lending and wealth management solutions for families and businesses. As a mutual organization, Bank of New Hampshire is focused on the success of its customers, communities and employees—rather than stockholders. With a legacy of strength and stability, the bank combines local decision-making and trusted guidance with modern technology to deliver a seamless banking experience. For more information, call 1.800.832.0912 or visit BNH.Bank.