Salem Ford awarded CDBG Funding

REDC is pleased to announce a $500,000 Community Development Block Grant (CDBG) from the Community Development Finance Authority (CDFA) has been awarded through the Town of Salem and REDC to Salem Ford, for equipment and soft costs for the auto dealership located at 60 South Broadway, Salem, NH 03079. The site was formerly the Rockingham Racetrack. The result of this award will help create 25 jobs, of which 15 will be made available to persons of low- and moderate-income. CDFA distributes CDBG grants to New Hampshire’s cities, towns, and counties. A nonprofit agency may also apply through its municipality or county as a sub-recipient of CDBG money. All eligible municipalities and counties ca

The Regional Economic Development Center (REDC)

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