The Merrimack Valley YMCA recently announced that it has been issued with a $23,750 tax-exempt bond from MassDevelopment in order to develop its services.
No doubt the organization is using poster printing techniques to inform those who use the facility of the new amenities that will be made available as a result of these new funds. Flyers may also be used to encourage community participation in the project.
The proceeds from the bond will be used to double the size of the premises and its operations. This will involve new health and wellness programs, updated furnishings, modern equipment and upgrades to the heating, ventilating and air conditioning systems.
In terms of educational facilities, the funding will help to create a learning center for children and teens with focus on science, engineering, technology, and math.
In addition, 96 construction jobs will come as a result of the funding and 30 new jobs in the facility itself – all helping to provide a boost to the economy.
According to Marty Jones, President and CEO of MassDevelopment, the new funding will help the YMCA to expand its presence in the Merrimack Valley and will enable the facility to enhance its programs for healthy living, youth development, and social responsibility.
Steve Ives from the Merrimack Valley YMCA added that the award of this bond has started a great deal activity at the facility and that construction is expected to begin sometime in the fall.
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