Cotton Mill Square Redevelopment Starts
The Community Development Finance Authority has awarded Southern NH Services $1 million in tax credits for the Cotton Mill Square redevelopment, which will convert an abandoned cotton warehouse in Nashua into 109 mixed-income apartments. Over half of the apartments will be affordable to families of modest means.
Businesses can support this exciting project through the purchase of NH business tax credits. Companies purchasing credits take a 75% credit against their New Hampshire state taxes. Thus, a $100,000 contribution costs only $25,000. After other tax deductions, donations cost businesses just eleven cents on the dollar. Read More