Effort to build recreation center boosted by tax credit award
ALLENSTOWN — The planned effort to build a projected $1.3 million recreation center at Whitten Street Park in Suncook Village received a big boost this month when the Community Development Finance Authority (CDFA) awarded $700,000 in tax credits to the Boys & Girls Club of Greater Concord for the project.
“This is the first portion of the funding we need to build the new facility at Whitten Street Park,” said Allenstown Town Administrator Sean Mulholland. “We realize obtaining CDFA tax credits is a competitive process, and we’re very satisfied those funds have been rewarded for our project.”
Planners are targeting the spring of 2015 as a start date for construction on the facility, which will replace the two trailers and outdoor recreation area which currently comprises the small park off Whitten Street. The next piece of the puzzle is a $500,000 Community Development block grant from the same authority that awarded the tax credits, said Mulholland.
“We’re optimistic we’ll be successful with the second portion of our request so we can get this project going,” he said. “(Allenstown) has never applied for community development block grant before, since it’s a federal grant that’s typically used for low or moderate income neighborhoods, but this is a unique type of project for us.”
Staff members at the Boys and Girls Club of Greater Concord have spearheaded responsibility of filling out and submitting the requisite paperwork, said Mulholland.
“They’ve really done a great job of making all this happen,” he said. “It’s really been a good partnership between a non-profit and a government entity.” The final piece of the puzzle is obtaining roughly $100,000 in private donations from local corporate entities, a task Mulholland said is now easier because of the recent CDFA tax credits.
“We’re optimistic we have some funding from donors who want to help make this community project a reality,” he said. “At the very least, they’ll look at this more seriously now that we’re making progress in terms of getting our funding in order.”