FIT gets grant
Families in Transition – New Horizons is $20,000 closer to moving its boutique thrift store from Bicentennial Square to Main Street.
The Manchester-based nonprofit, which runs homeless services and housing, announced the grant from the Citizens Bank Foundation last week.
The money will help the group move its OutFITters Thrift Store Boutique from 5 Market Lane in Bicentennial Square to a larger storefront on Main Street, said Michele Talwani, the group’s director of economic development and marketing.
The group was awarded more than $277,000 in state tax credits last year to help finance the project. As of last week, $118,000 in credits had been sold, Talwani said, with 80 percent of the proceeds going to the group and 20 percent going to the state Community Development Finance Authority.
But deadlines are looming, she said. The authority, which awarded the tax credits, wants them to sell an additional $70,000 by the end of the month.
“We’re feeling pretty good,” Talwani said. “The community has really stepped up and really understands the value of this downtown economic development project.”