Economic Development
A fundamental purpose of economic development is to create jobs. Community economic development incorporates its values and desires of the community in its job creation process. In recent years, LRPC has increased its role and partnership with area economic development agencies and key state providers.

LRPC was a founding member of the Belknap Economic Development Council. LRPC also participates with Grafton County EDC, Wentworth EDC, as well as Main Street programs and Franklin Business and Industrial Development Corporation. We routinely interact with state agencies such as NHCDFA and DRED, as well as local chamber of commerce.

Our primary economic development services currently include the following: strategic planning, policy development, grant writing and administration, and special projects.

CEDS - Lakes Region CEDS vision Statement
Recognizing the critical importance of maintaining and nurturing our natural environment and diverse culture heritage, the Lakes Region Community will strive to improve the quality of life of its cities and towns through the increased capacity and prosperity of its businesses, civic, social, and education institutions, and its citizens. All our efforts will be characterized by respect, communication, cooperation and integration with others and will exhibit stewardship toward our magnificent natural resources. Visit the CEDS website.

CEDS Publications
Lakes Region Comprehensive Economic Development Strategy

On-going projects include:

Brownfields Environmental Site Assessment Program
Northern Border Regional Commission (NBRC) Grant Administration in Ashland and Wolfeboro

Completed projects:
Broadband Expansion Study for the Lakes Region
Noteworthy Information:
Employment projections for New Hampshire's nine planning regions by industry and occupation for 2014 through 2024 are now available!
You can find this information by visiting the NH Employment Security Website or through NHetwork, the Economic and Labor Market Bureau's information data system.

The American Farmland Trust initiated/developed the process for methodology and procedures regarding  Cost of Community Services Analyses back in the 80's. Eleven NH towns have been analized since that point. 
Click here for more information about the Cost of Community Services Analyses
Click here for a report including all towns that have been analized

Local Tax Incentive Programs for Economic Development

NEW House Bill 316 – Effective 8/28/17
This bill is relative to a statewide property tax exemption for commercial and industrial construction.
Click here to read the full text of the bill
Economic Revitalization Zone tax credit
This is a short-term business tax credit for projects that improve infrastructure and create jobs in designated areas of a municipality.
Click here to visit the NH Economic Development page with more information on this tax credit, FAQs, and applications.
Tax Increment Financing
This is a method of financing public improvements with the incremental taxes created by new construction, expansion, or renovation of property within a defined area of the community.
Click here to visit the NH Office of Energy and Planning page for more information
Click here for the full text of the RSA 162.k statute
Community Revitalization Tax Incentive 

This encourages investment in downtowns and village centers. It provides a tax incentive for the rehabilitation and active use of under-utilized commercial buildings and, in so doing, aims to promote strong local economies and smart, sustainable growth as an alternative to sprawl. The tax incentive must be adopted at the local level before it can be offered to property-owners.

Click here to visit the NH Preservation Alliance site for more information


Headwaters Economics Toolset

We were recently introduced to the Headwaters Economics Toolset. Using these report generators you can download socioeconomic reports of communities, counties, & states, including aggregations and comparisons. The Economic Profile System (EPS) uses federal data sources, including the Bureaus of Economic Analysis, Census, & others. EPS is also known as the Human Dimensions Toolkit by the Forest Service.  Try it for yourself by clicking here.

Plymouth State University Research Projects

Below are links to several research projects by students at Plymouth State University in Spring 2018 about the economics and demographics of the Lakes Region, shared with their permission

The Rise of New Hampshire's Population by Austin and Blackburn
Economic Analysis for Lakes Region Planning Commission by Botelho, Shea, and Ordway
Demographic Analysis for Lakes Region Planning Commission by Larocque et al
Economic Analysis for Lakes Region Planning Commission by Farrow, Valliere, and Ripkey
Lakes Presentation by Linnick, Merluzzi, and Gonnella
Demographic Analysis for Lakes Region Planning Commission by Belanger, Campbell, and Deconinck
Economic Analysis for Lakes Region Planning Commission by Maegan, Allison and Braedon
Why are there so many seasonal homes in New Hampshire? by Collin, Gaston, and Jeremiah
Economic Analysis for Lakes Region Planning Commission by Madej et al

The Lakes Region Facility

Workbook on the Implementation of the Process for Risk Evaluation, Property Analysis and Reuse Decisions for the Lakes Region Facility in Laconia, NH. Published in December of 2010

Click here for the full workbook