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REDC welcomes the Workforce Housing Coalition of the Greater Seacoast to the REDC Training Center

REDC is pleased to announce the Workforce Housing Coalition of the Greater Seacoast has taken residence at the REDC Training Center. Though the two organizations are remaining independent entities, their missions parallel in ways that are fitting for the two to collaborate and share resources under the same roof. REDC’s mission focuses on overall economic growth for the region, through job creation and retention. With job creation comes the need for housing for workers of different income levels. The Workforce Housing Coalition aims to help with that side of economic development. The mission of the Workforce Housing Coalition of the Greater Seacoast is to be a catalyst, through a united coal

REDC Receives $250,000 Tax Credit Award from CDFA

Left to Right: Katy Easterly Martey, CDFA Executive Director, and Col. William Davis, REDC Chairman of the Board. REDC Receives $250,000 Tax Credit Award from CDFA The NH Community Development Finance Authority announced on June 19, 2018 that the Regional Economic Development Center (REDC) is a recipient of a $250,000 tax credit award. These tax credits will be used to support REDC’s NH New American Loan Fund, which provides access to technical assistance and loans to first-generation Americans who are prospective or current business owners throughout the state. The NH Community Development Finance Authority has awarded $4 million in tax credits to nonprofits throughout New Hampshire that ar

REDC Launches New Hampshire’s First Microloan Fund for First-Generation Immigrants

MANCHESTER, N.H. (May 18, 2018) – The Regional Economic Development Center (REDC) announced the creation of the state’s first microloan fund specifically for new Americans, also called first-generation immigrants, at an event today attended by government officials and community members. The New Hampshire New Americans Loan Fund (NALF), which was created following a successful pilot program in partnership with the Welcoming Concord Initiative, will encourage business development and job creation for the state’s new Americans through microlending and technical assistance. “Through our work, we have seen the need for alternative funding sources in the immigrant community,” said Laurel Adams, Pr

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