Merrimack County Savings Bank (The Merrimack) is helping Kimball Jenkins improve accessibility and efficiency across its historic facilities in Downtown Concord. Funded through the Community Development Finance Authority (CDFA), The Merrimack is pledging $5,000 to go toward increasing accessibility, as well as essential infrastructure and energy efficiency upgrades.
“Kimball Jenkins is an important cultural and economic hub for artists of all ages,” said Linda Lorden, President of The Merrimack. “By showing our support, more people will be able to visit the campus and enjoy all it has to offer.”
Listed on the National Register of Historic Places, Kimball Jenkins is a sprawling 3-acre campus that dates back to the American Revolution. In 1981, the campus was gifted to the people of Concord following the death of Carolyn Jenkins, whom directed it be used for cultural and educational purposes, including the “encouragement of art.”
“We’re grateful for our community partners, including The Merrimack, as we make these necessary upgrades,” said Martha Lemire, Executive Director of Kimball Jenkins. “By improving accessibility and efficiency we’ll be able to increase economic opportunities for our local artists as well as advance future community programs and events.”
Kimball Jenkins is celebrating over 40 years of creating strong relationships within our local community through art, history, and culture. Focused on cultivating creativity, make arts education accessible and honoring historic preservation, Kimball Jenkins serves hundreds of individuals of all ages annually through classes, workshops, exhibitions and events. To learn more, visit kimballjenkins.com.
CDFA tax credits allow businesses to fund qualifying economic or community development projects in exchange for a tax credit that can be applied against state business tax payments. The tax credits are administered by the New Hampshire 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 (business profits, business enterprise, or insurance premium taxes). The tax credit program allows New Hampshire businesses to use their state tax dollars to support 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.