NeighborWorks nears fundraising goal for Manchester headquarters
July 23. 2013 9:29PM
MANCHESTER — NeighborWorks Southern New Hampshire has raised about two-thirds of its fundraising goal to help pay for the purchase and renovation of the organization’s new building downtown.
The organization has raised $530,265 so far as part of its 20th anniversary Capital Campaign fund drive. It hopes to raise a total of $815,000 for its building at 801 Elm St.
The organization purchased the building previously occupied by Rent-A-Center, and moved its operations and home ownership center to the second floor after recently completing renovations. The first floor will be renovated and rented to commercial tenants to provide a stream of income to support the group’s work.
Joseph B. Reilly, president and CEO of Centrix Bank, is leading the campaign effort. Others joining the capital campaign are Barry Brensinger of Lavallee Brensinger Architects; Robert Dastin from Sheehan Phinney Bass & Green; Claira P. Monier; Patrick Smith; Arthur Sullivan, principal of Brady Sullivan Properties; and Carol Willoughby from First American Title Insurance Company. Former Executive Councilor and Manchester Mayor Ray Wieczorek is serving as honorary chairman.
Included in the campaign total raised to date is the sale of $300,000 in tax credits awarded to the organization in 2012 from the New Hampshire Community Development Finance Authority.
NeighborWorks Southern New Hampshire offers affordable housing and community development services in 31 communities in southern New Hampshire, including Manchester and Nashua. The organization has provided free home ownership education services to thousands of residents, and helped hundreds of families purchase their first home. More than 900 people live in one of 349 affordable rental apartments created by the organization in Manchester, Nashua, Hooksett and Goffstown.