More than $200 Million in Community Development Block Grant Resources I
nvested in New Hampshire Since 2003
The New Hampshire Community Development Finance Authority is celebrating its commitment to building strong communities in recognition of April as National Community Development Month and the fiftieth anniversary of the Community Development Block Grant Program. The celebration underscores the importance of dedicating federal Community Development Block Grant resources towards impactful projects across New Hampshire and nationwide. CDFA has been committed to strengthening New Hampshire communities for more than forty years.
“Community Development Block Grant resources deployed in New Hampshire are building critical public infrastructure to support our communities to be strong, resilient, and vibrant places,” said Katherine Easterly Martey, Executive Director, CDFA. “These federal resources are dedicated to addressing key challenges facing the Granite State that are fundamental to our economic growth and prosperity, including access to affordable housing and quality child care. We are honored to have guided the investment of more than $200 million of Community Development Block Grant resources into New Hampshire communities over the past twenty years.”
Between July 1, 2022 and June 30, 2023, funds from New Hampshire’s Community Development Block Grant Program have:
- Improved the lives of 19,197 people through public services and public facility improvements;
- Created or retained 15 livable wage jobs with benefits;
- Created or rehabilitated 197 affordable and workforce housing units; and
- Provided technical assistance to 241 micro businesses.
Community-based partners that are critical to the success of these investments in New Hampshire include: municipalities, counties, grant administrators, nonprofits, Regional Planning Commissions, Regional Development Corporations, and CDFA’s Community Development Advisory Committee.
Community Development Block Grant resources directly impact people in our communities and have been deployed across the state making a significant impact on economic development, housing and community-based initiatives which primarily benefit low- and moderate-income people in New Hampshire. Funding for the Community Development Block Grant (CDBG) program has been provided to New Hampshire through the U.S. Department of Housing and Urban Development since 1974.
In New Hampshire, Community Development Block Grant resources administered by CDFA increase access to affordable childcare and critical community services, help strengthen Main Streets, create healthy and safe affordable housing, increase energy efficiency, empower small businesses through technical assistance, and improve public facilities.
To learn more about how Community Development Block Grants and other CDFA resources are impacting New Hampshire communities, visit: https://nhcdfa.org/who-we-are/our-impact/.
About the Community Development Finance Authority
The Community Development Finance Authority (CDFA) is a statewide nonprofit public authority focused on maximizing the value and impact of community development, economic development and clean energy initiatives throughout New Hampshire. The organization leverages a variety of financial and technical resources, including the competitive deployment of grant, loan and equity programs. Those resources include New Hampshire state tax credits, federal Community Development Block Grant resources and the CDFA Clean Energy Fund. For more information about CDFA and its programs visit www.nhcdfa.org or call 603-226-2170.
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