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Page 2 NEWFOUNDLAKELIFE.COM February 2025 Community
Newfound Lake Region Association Receives Support from MVSB to Construct New Conservation Center through Fundraising
The Newfound Lake Region Association (NLRA) has been working to protect Newfound Lake and its watershed for nearly 60 years. The organization, along with its staff and volunteers, do so through a variety of programs fo- cused on conservation, education and community engagement.
Rebecca Hanson, NLRA Ex- ecutive Director, said the non- profit organization is based in Bristol for their administrative activities. But with all the work they do directly on Newfound Lake, it has always been a goal for NLRA to have headquar- ters with waterfront access. That objective came to fruition when they broke ground earlier this year.
“We are so excited to be under construction on the new Grey Rocks Conservation Center in Hebron and we look forward to opening our doors in spring 2025,” said Rebecca. “This will be a publicly-available, environ- mentally friendly resource cen- ter, and will serve as a hub for
Rebecca Hanson, Newfound Lake Region Association Executive Director (second from right), stands in front of a Newfound Lake access channel located directly behind where the new Grey Rocks Conservation Center is under construction in Hebron. She gave a tour of the site to local MVSB employees, from left, Megan Piazza, Branch & Business Development Manager in Ashland, Martha Clifford, Branch & Business Development Manager in Plymouth, and Samantha LeClair, Business Development Officer. Courtesy Photo
Development Finance Authority (CDFA) to assist with construc- tion. MVSB (Meredith Village Savings Bank) is proud to pur- chase $10,000 in tax credits to support this project.
“Newfound Lake is an amaz- ing community resource and we are so fortunate to have it right at our doorstep,” said Martha Clifford, MVSB Branch & Busi- ness Development Manager in Plymouth. “This new facility will better equip the Association to do important research, engage in conservation activities and offer public learning opportuni- ties. We are proud to support this wonderful initiative and organi- zation.”
Newfound Lake is often touted as one of the deepest lakes in New Hampshire, and one of the cleanest lakes in the world. It has 22 miles of shoreline that offer boating, beaches, hiking and more. Visit newfoundlake. org to learn more about the work of NLRA.
CDFA tax credits allow
businesses to fund qualifying economic or community devel- opment projects in exchange for a tax credit that can be ap- plied against state business tax payments. The tax credits are administered by the New Hamp- shire CDFA. Any business with operations in New Hampshire that contributes to a CDFA tax credit project receives a New Hampshire state tax credit worth 75 percent of their contribution. The credit can be used over a period of five years to reduce the business’ state tax liability (busi- ness profits, business enterprise, or insurance premium taxes). The tax credit program allows New Hampshire businesses to use their state tax dollars to sup- port local projects that they care about. CDFA reviews many project applications each year, and awards tax credits to those they determine are feasible and will make the biggest impact on economic development in the state. Visit nhcdfa.org for more information.
science, education, community engagement and nature-based exploration. We have received overwhelming community sup- port from local organizations who understand the importance of protecting this beautiful lake
for future generations.”
The NLRA is nearing their
$2.2 million fundraising goal through donations and partner- ships. The nonprofit was also re- cently awarded tax credits from the New Hampshire Community