Merrimack County Savings Bank will spend the next two years assisting a homeless organization to finance the transformation of commercial property in the South End into permanent homes. This assistance will be provided in Concord, New Hampshire.
To transform a structure on South State Street into eight apartments with one bedroom each, Merrimack has committed to donating one hundred thousand dollars to the Concord Coalition to End Homelessness.
According to Linda Lorden, the president of the bank, “It is very rewarding to be able to make this contribution that will go toward providing housing and stability to our neighbors who are in need.” The organization made the statement, “The Concord Coalition to End Homelessness goes above and beyond to assist our homeless community and connect them with beneficial resources.”
The New Hampshire Community Development Finance Authority will be the entity responsible for providing funding for the funds. Those individuals without a house and receiving assistance with their rent will have access to the eight units. Furthermore, during the transition period, the renters will receive ongoing support from caseworkers.
Karen Jantzen, the organization’s executive director, expressed her gratitude for The Merrimack’s steadfast support and commitment to the organization’s goal for many years. There are around 150 to 175 people in the Concord region who are chronically homeless, and because of your wonderful donation, we can continue providing housing options for them.
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