Enterprise Bank First to Purchase Tax Credits to Benefit NH New Americans Loan Fund

Raymond, NH – The Regional Economic Development Center (REDC) announced today that Enterprise Bank is purchasing $50,000 in tax credits to the support the NH New Americans Loan Fund Tax Credit program. REDC recently received a Tax Credit Award from New Hampshire's Community Development Finance Authority (CDFA), which funds community development projects through the use of tax credits for NH businesses that contribute. Businesses can buy the credits, which are applied against their NH tax liability, for a net cost of approximately $.15 on the dollar. The contribution will support REDC’s NH New Americans Loan Fund, which provides access to technical assistance and loans to first-generation Ame

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