Delegation applauds $2.5 million heading to NH Community Development Finance Authority

WASHINGTON — U.S. Senators Jeanne Shaheen (D-N.H.) and Maggie Hassan (D-N.H.) and U.S. Representatives Annie Kuster (D-N.H. and Chris Pappas (D-N.H.) applauded an announcement from the Small Business Administration that the New Hampshire Community Development Finance Authority was awarded $2.5 million. The funding comes from the SBA Community Navigator Pilot Program, which provides funding to organizations that support small businesses and local establishments in underserved communities to boost economic recovery.

“The financial fallout from the pandemic decimated New Hampshire’s small business community, with those in rural and underserved areas particularly hard hit. Empowering local entrepreneurs must be a top priority as we turn the page on this crisis, and that’s precisely what the Community Navigator Pilot Program does,” said Shaheen. “I’m so pleased that New Hampshire’s Community Development Finance Authority has been selected to receive $2.5 million to continue its important work on the frontlines delivering aid to struggling businesses.”