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A USDA Community Facilities Direct Loan Helps Build a New YMCA Building in New Hampshire

The Keene, New Hampshire YMCA has been operating for 125 years in this town of 22,563 residents. A few years ago, Jack Duggan of Monadnock Economic Development Corporation mentioned to me that the Y was looking toward its future and a new facility. And so the links in the chain started to build toward bringing a new Y to Keene and surrounding rural communities.

Scott Johnson, our Community Facilities and Business Programs Specialist and I met with key people from the Y, as well as Keene’s Mayor and City Manager. The Y’s board membership is made up of local leaders and business owners including the area’s largest employers. The board launched an awareness campaign, and organized a 45-member volunteer committee that eventually raised the largest not for profit fundraising campaign in the region’s history.