Grappone Automotive Group Announces Various Pledges For NH CDFA Tax Credits

Grappone Automotive Group recently announced the projects they have pledged to through the New Hampshire CDFA Tax Credit program for 2022-2023. The CDFA Tax Credit Program aims to support organizations engaged in community economic development initiatives to build partnerships with local businesses that purchase the credits to help fund the nonprofit’s project.  

“Very few programs have the positive impact on NH that the CDFA does,” stated Amanda Grappone Osmer, Owner and General Manager of Grappone Mazda and 4th Generation Steward of Grappone Automotive Group. “In my opinion, the collaboration between our state government, the business community, and the nonprofit sector is a true example of how to reward community-minded businesses while supporting the good work being done by and for our neighbors.  Grappone Automotive has made it an annual tradition to seek out CDFA projects that we feel will better the state of NH.  It is a real blessing to be involved in this work.”

Ribbon Cutting of the whitewater park at Mill City Park At Franklin Falls.

Presentation of check for Gale School Redevelopment Project

Ribbon Cutting of Mid-State Health Center’s Children’s Learning Center Expansion

Grappone Automotive Group has pledged the funds to contribute to the following projects in 2022 and 2023.

2022 

New Hampshire Community Loan Fund: Minority-Owned Business Lending – Manchester

Kimball Jenkins Inc: Kimball Jenkins Infrastructure and Accessibility- Concord

Lakes Region Community Developers: Gale School Redevelopment Project- Belmont 

Mid-State Health Center: Children’s Learning Center Expansion- Plymouth

Mascoma Valley Preservation: Kimball Property Rehabilitation- Grafton

Boys & Girls Clubs of Central New Hampshire: Penacook Community Center Revitalization- Penacook

City of Franklin: Completion of New England’s First Whitewater Park at Franklin Falls- Franklin

Mark Stebbins Community Center: West Side Support- Manchester

Downtown Concord Winter Famers’ Market: Downtown Concord Farmers Market & Community Space- Concord

Affordable Housing, Education, and Development (AHEAD) Inc.: Peeling Village Phase 1- Woodstock

2023

Lakes Region Community Development: Gale School Project- Belmont

Farmsteads of New England Inc.: Redberry Farm Supportive Housing Phase 1- Epping

Friends of the Concord-Lake Sunapee Rail Trail: Phase 4 of Fisherville to Carter Hill Rail Trail. Concord

The Currier Gallery of Art d/b/a Currier Museum of Art: Chandler House Revitalization Project – Manchester

Society for the Protection of New Hampshire Forests: Conservation Center- The Rocks in Bethlehem- Bethlehem

Regional Economic Development Center of Southern NH (REDC):  NH New Americans Loan Fund- Statewide

Mascoma Valley Preservation: Kimball Property Rehabilitation- Grafton

Boys and Girls Club of Central NH: Penacook Community Center Revitalization- Penacook

About Grappone Automotive Group’s Community Involvement: 

Grappone has long been committed to supporting its community and the people who positively impact it. Our Grappone in the Community program supports our team members in their volunteer efforts while allowing them to experience the true joy of charitable giving. We donate at least 5% of our company’s net profit each year to charitable endeavors and are a long-time supporter of hundreds of organizations from the Boys’ and Girls’ Club to NH PBS to Lakes Region Conservation Trust. In 2018 Grappone Automotive helped to establish a nature-based preschool at the historic Canterbury Shaker Village. Taking care of our community is not simply something we talk about – it is the final piece of our mission statement, and we wouldn’t be complete without it.

Contact Information: 

To learn more about New Hampshire’s Community Development Finance Authority (CDFA), or if you have any questions about applying for the program please visit www.nhcdfa.org.