Tax Credit Program Successful!

CDFA

$22,075 in Tax Credits Sold!

On June 18, 2019 the New Hampshire Water Works Association (NHWWA) announced that New Hampshire Community Development Finance Authority (CDFA) awarded our Strategic Development Planning Project $29,000 in tax credit funding.  It was a great honor to be selected for support by this highly competitive program.  

Proceeds from CDFA tax credits will strengthen NHWWA’s mission to serve New Hampshire’s drinking water industry with educational programs and events, legislative advocacy and communications, and community outreach.  During the COVID-19 emergency, we intend to proceed with our planning, and begin implementing in 2020.  We will engage our Directors, partners and members to identify and address critical needs, and are thrilled by the opportunity this award provides.

In addition to strategic planning, CDFA funding will allow us to launch a communications and marketing plan, to identify ways to increase the impact and effectiveness of our communications to better connect with and serve our members and partners in the drinking water industry.

While total pledges were slightly less than our initial goal, we worked closely with CDFA staff to amend the original scope and meet critical outcomes with a slightly lower budget.  Throughout the entire process, the CDFA has been supportive of our intentions and goals, flexible in the face of changing needs, and an excellent partner in our quest to make the NHWWA even more effective and sustainable.

Without the generous support of Merrimack County Savings Bank and Cleveland, Waters and Bass, PA we would not be able to proceed.  These local, community-focused organizations demonstrated their commitment to and understanding of the importance of the drinking water industry and the NHWWAA’s role by quickly and thoughtfully responding to our calls for assistance.

We want to thank all our supporters for pledging to purchase CDFA tax credits.  Looking ahead, we hope that you will consider asking these leaders about their experience, to learn if this is a future investment option for your company.

Thanks for your Pledge!

Our deepest appreciation for supporting our planning efforts goes to:

$15,000


$5,000


$1,600


$375


$100

Thank you for choosing to support the NHWWA community development project by purchasing CDFA tax credits.

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