People and Property: Real Estate and Construction News From Around NH
CDFA OKs $3 million in block grants … and more
The New Hampshire Community Development Finance Authority has approved more than $3 million in Community Development Block Grant funds to communities in support of housing, public facility and economic development projects.
The awards include:
- Cheshire County, $500,000 for rehabilitation of Bennett Block, an affordable housing complex
- Concord, $77,000 for improvements to the heating system in a downtown Concord owned by Fellowship Housing Opportunities
- Somersworth, $500,000 for the Somersworth Housing Authority
- Concord, $357,290 on behalf of the Crisis Center of Central New Hampshire for improvements at two locations
- Tuftonboro, $500,000 on behalf of North Country Village Cooperative for water distribution system improvements
- Keene, $500,000 on behalf of The Community Kitchen for improvements at its facility
- Barrington, $500,000 on behalf of Lee Oak Cooperative, a manufactured housing park
- Epping, $450,000 to help offset the cost of building a new drinking water treatment plant
B2W Software, Portsmouth, a provider of heavy construction management software, says it has added new capabilities within its B2W Schedule application to help contractors manage trucking orders and assignments. The firm says its B2W Schedule provides a centralized view of resource needs and assignments, equipment moves, material orders and trucking requirements. Users access the system from desktop, laptop or mobile tablet devices and customize one-day, multi-day or multi-week views according to their roles. Specific users can create and modify assignments with drag-and-drop simplicity, based on permission levels.
The U.S. Department of Housing and Urban Development has awarded $7,080 to the Concord Housing Authority under HUD’s new Foster Youth to Independence initiative. The funding will be used to assist young adults in transitioning out of foster care and who are at risk of homelessness.
SVN The Masiello Group has announced the sale of 4 Elm St., Manchester, a building originally constructed as a three-story parochial school. Chris Pascucci and Fred Richards of SVN Masiello represented the seller, American Canadian Genealogical Society in the transaction, and they helped the society relocate to a location in The Sundial Center. According to the Registry of Deeds, the Elm Street property sold for $599,000.
Merrimack County Savings Bank has pledged $75,000 to the Concord Coalition to End Homelessness. The funds, to be spread over three years, will support CCEH’s Safe Spaces II Campaign, which will allow the coalition to purchase the building at 10 Green St. in downtown Concord and renovate it into four apartments. The apartments will serve as housing for people exiting homelessness.