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The Merrimack County Savings Bank Foundation granted $2,000 to CATCH Neighborhood Housing in support of the Riverbend Mill rental development project in Franklin, NH. This is one of 19 awards presented by the Foundation to non-profit organizations this year.
“Merrimack County Savings Bank and its employees are proud to support local organizations that help our communities thrive,” said Philip Emma, President of Merrimack County Savings Bank. “It’s our pleasure to offer any assistance we can to further the economic advancement of our community, and that’s what we see happening with CATCH’s renovation project at Riverbend Mill in Franklin.”
“We are very grateful for the long-time support the Merrimack has offered through the years,” said Rosemary Heard, President of CATCH Neighborhood Housing. “They’ve helped make it possible for hard-working families of modest means find and live in affordable, quality homes they can be proud of.”
CATCH is rehabilitating the Riverbend Mill Building in Franklin, a horseshoe-shaped structure located within the city’s downtown. The building will be converted into 45 apartments at the project’s end in 2017.
CATCH Neighborhood Housing’s mission is to strengthen communities by creating opportunities for affordable, quality housing for people otherwise not being served in Merrimack County. Offering a full spectrum of housing services, CATCH has earned a reputation for excellence by being involved and committed to the community, creating innovative housing solutions for low- or moderate- income individuals and families. For more information on CATCH, visit catchhousing.org.
The Merrimack County Savings Bank Foundation was funded by Merrimack County Savings Bank in 1997 for grant-based contributions to not-for-profit organizations that enrich and improve the quality of life for residents living in the Bank’s service areas. Five Trustees, selected among the Bank’s Corporators and Board of Trustees administer the Foundation and its activities, distributing a portion of the Foundation's endowment each year. While not focused on a particular category, the Foundation remains mindful of the receiving organization and its contribution to the quality of life in the communities served. Applications are due annually on October 1st. For more information, visit: mcsbnh.com/about/mcsbFoundation.