The Merrimack Invests in Community Loan Fund’s Affordable Housing Initiatives
by N.H. Community Loan Fund
on March 17, 2026
Funded through the Community Development Finance Authority, The Merrimack pledged $25,000 toward assisting low- and moderate-income families purchase new, affordable energy-efficient manufactured homes.
“By investing in the Community Loan Fund we’re investing in security for our neighbors and community,” said Linda Lorden, President of The Merrimack. “We’re grateful for the opportunity to help make homeownership possible for more New Hampshire families.”
Manufactured housing remains the most affordable option for many working families and first-time buyers. These homes cost well below the median cost of a home in New Hampshire which was $535,000 in 2025 and unattainable for many homebuyers.
“Safe, stable, and affordable housing is the foundation for strong families and thriving communities,” said Katie McQuaid, Community Loan Fund SVP of Philanthropy & Community Engagement. “By helping families purchase modern, energy-efficient manufactured homes, we’re not only improving quality of life today, but also creating long-term financial security and sustainability.”
Established in 1983, the Community Loan Fund provides support for manufactured-home purchases and improvements, resident-owned communities, small business and nonprofit growth, affordable housing development, energy-efficiency projects, and local municipalities managing grants. To learn more, visit communityloanfund.org.
CDFA tax credits allow businesses to fund qualifying economic or community development projects in exchange for a tax credit that can be applied against state business tax payments. The tax credits are administered by the New Hampshire CDFA. Any business with operations in New Hampshire that contributes to a CDFA tax credit project receives a New Hampshire state tax credit worth 75 percent of their contribution. The credit can be used over a period of five years to reduce the business’ state tax liability (business profits, business enterprise, or insurance premium taxes). The tax credit program allows New Hampshire businesses to use their state tax dollars to support local projects that they care about. CDFA reviews many project applications each year, and awards tax credits to those they determine are feasible and will make the biggest impact on economic development in the state. Visit nhcdfa.org for more information.
Merrimack Style is treating everyone – customers, employees and community members – with dignity, care, respect and compassion. Founded in 1867, The Merrimack has served the people, businesses, non-profits and municipalities in Central and Southern New Hampshire for 159 years. Merrimack County Savings Bank is a mutual savings bank that benefits local depositors, borrowers, and surrounding communities instead of stockholders on Wall Street. To learn more, visit any of their local offices in Bow, Concord, Contoocook, Henniker, Hooksett, Nashua and Windham; call 603.225.2793 or visit themerrimack.com.