Bank of New Hampshire Invests $20,000 in Lakes Region Community Developers’ Harriman Hill III Project

Laconia, New Hampshire – June 24, 2026 – Construction of Harriman Hill III, a new affordable housing development by Lakes Region Community Developers (LRCD), is scheduled for completion this summer. Located in Wolfeboro, NH, the property will feature 30 one-, two- and three-bedroom apartments, including five units reserved for individuals with disabilities who require supportive housing.

Bank of New Hampshire supported the project through the purchase of $20,000 in New Hampshire tax credits awarded by the NH Community Development Finance Authority. The investment aligns with the bank’s 2026 commitment to affordable housing initiatives that help individuals and families access safe, stable and reasonably priced housing.

“Access to affordable housing remains a critical need in our state,” said Ally Wendelken, AVP – CRA & Assistant Compliance Officer at Bank of New Hampshire. “We are grateful for the opportunity to support Lakes Region Community Developers with this important project, which will provide individuals and families with a safe, affordable place to call home.”

“We are appreciative of Bank of New Hampshire’s investment in Harriman Hill III and its commitment to expanding affordable housing opportunities in our region,” said Carmen Lorentz, LRCD Executive Director. “Partnerships like this make it possible to create housing that meets critical community needs while helping residents build stable, healthy futures close to where they live, work and volunteer.”

Since 1988, Lakes Region Community Developers has developed high-quality, affordable housing throughout the region. The organization manages a $60 million real estate portfolio comprised of 377 affordable housing units. Its mission is to create opportunities for individuals in the Lakes Region to thrive by developing healthy homes, creating vibrant communities and empowering residents. To learn more, visit lrcommunitydevelopers.org.

Founded in 1831, Bank of New Hampshire is the oldest and one of the largest independent banks headquartered in the state. With assets exceeding $2.5 billion and 21 banking offices across New Hampshire and southern Maine, the bank provides comprehensive deposit, lending and wealth management solutions for families and businesses. As a mutual organization, Bank of New Hampshire is focused on the success of its customers, communities and employees—rather than stockholders. With a legacy of strength and stability, the bank combines local decision-making and trusted guidance with modern technology to deliver a seamless banking experience. For more information, call 1.800.832.0912 or visit BNH.Bank.

Photo: Ally Wendelken, AVP – CRA & Compliance Officer (right), and Tiffany Baert, SVP – Marketing & Public Relations Officer (left), with Bank of New Hampshire, present Carmen Lorentz, Lakes Region Community Development Developers’ Executive Director; and Kara LaSalle, Real Estate Development Director with Lakes Region Community Developers, with a $20,000 donation to support the Harriman Hill III affordable housing project in Wolfeboro, NH.