Business & Tech

The Merrimack Helps Fund The White Birch Center Expansion Project

$50,000 in NH CDFA tax credits will be used to purchase and renovate an additional building in Henniker.

The White Birch Center is expanding services with a second location at 116 Main St. in Henniker.
The White Birch Center is expanding services with a second location at 116 Main St. in Henniker. (Merrimack County Saving Bank)

HENNIKER, NH — Merrimack County Saving Bank (The Merrimack) supports the expansion of the White Birch Center in Henniker with a $50,000 contribution.

Funded through the Community Development Finance Authority (CDFA), the tax credits will go toward the purchase and renovation of an additional building in town.

“White Birch Center is the largest non-profit and licensed child care facility in Henniker,” said Linda Lorden, President of The Merrimack. “This project will increase access to critical services for the surrounding communities.”

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The new facility at 116 Main St. will increase capacity for quality, affordable child care with the addition of 13 to 15 infant spaces. There are also plans to create space for expanded senior programming, family resource center programming, teen programming and a permanent home for the Henniker Food Pantry.

“Right now, our current location is at capacity,” said Marc McMurphy, Executive Director of White Birch Center. “We’re grateful for The Merrimack’s generosity and the opportunity to extend our services to meet the growing demand.”

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Established in 1981, White Birch Center is a non-profit organization dedicated to the well-being of individuals and families in the community. With an emphasis on Early Learning, Extended Education and Active Living, White Birch Center is a cornerstone of the community and a hub for surrounding towns. To learn more, visit whitebirchcc.org.

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.

Merrimack Style is treating everyone — customers, employees and community members — with dignity, care, respect and compassion. Founded in 1867, The Merrimack has served the people, businesses, non-profits and municipalities in Central and Southern New Hampshire for 157 years. In 2024, The Merrimack was recognized as “Best Bank” by the Capital Area People’s Preferences or CAPPIE Awards for the 15th year in a row. Merrimack County Savings Bank is a mutual savings bank that benefits local depositors, borrowers, and surrounding communities instead of stockholders on Wall Street.

To learn more, visit their locations Bow, Concord, Contoocook, Hooksett, Nashua, Windham, and now open in Henniker; call 603-225-2793 or visit themerrimack.com.

Submitted by Merrimack County Savings Bank.

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