BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for Monday, July 20, 2026, at 2:00 PM, 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Board of Directors Public Minutes for the Meeting of June 15, 2026 and NHHEFA Board of Directors Minutes of June 16, 2026.
- Nonpublic Session for Consideration of Loans, as applicable.
- Approval of Loan Items and Associated Resolutions as applicable.
- Consider approval of a Resolution to authorize Bonnie Payette and James Key Wallace to execute certain documents.
- To consider approving a Resolution authorizing up to $250,000,000, of which up to $30,000,000 shall be tax exempt, Education Loan Revenue Bonds for Granite Edvance Corporation Issue, Series 2026.
- Financial Reports– Month End Report -Chris Kreidermacher
- Lending Reports – CAP Monthly, CAP Statistics/Demographics, Capacity & Lending Report – Jeremy Stanizzi
- Executive Director’s Report.
- Other Business.
Dated and mailed: July 15, 2026
New Hampshire Business Finance Authority
BFA BOARD OF DIRECTORS MINUTES
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:02 P.M. at 135 N. State Street, Concord, New Hampshire.
The following Directors were present:
Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Bruce Burns, Stacey Donlon, Stephen Duprey, Todd Horner, Catherine Provencher, Monica Mezzapelle, Cheryl Coletti-Lawson, Also present were: James Key-Wallace, Executive Director and Clerk; Jeremy Stanizzi, Senior Credit Officer; Chris Kreidermacher, Chief Financial Officer; Jeff Cook, Credit Analyst, Deborah Intonti, Executive Assistant, Bonnie Payette, NHBFA, Susan Cummings, NHBFA, John Stoecker, National Finance Authority, Representative Gary Daniels, Kris Mousette, Hinckley Allen.
The following member(s) were absent: Senator Daniel Innis, Martin Conley, III, Senator Keith Murphy, Representative Brian Cole.
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman introduced two of the three new Board Members two of which were sworn in today as new members of the NHBFA Board. Bruce Burns and Stacey Donlon.
The Chairman asked for approval of the public NHBFA board minutes for the June 15, 2026, Board Meeting.
Upon motion made by Director Henderson and seconded by Director Provencher the following action was voted on:
VOTED: To accept the public minutes of June 15, 2026, NHBFA Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Stephen Duprey, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson and Monica Mezzapelle.
Nay: None
Abstain: Bruce Burns, Stacey Donlon.
Whereupon the Chairman declared said motion adopted.
The Chairman asked for approval of the public NHHEFA board minutes for the June 16, 2026, Board Meeting.
Upon motion made by Director Donlon and seconded by Director Burns the following action was voted on:
VOTED: To accept the public minutes of June 16, 2026, NHHEFA Board Meeting.
The following named Directors voted:
Aye: Bruce Burns, Stacey Donlon.
Nay: None
Abstain: Dick Anagnost, Matthew Benson, Stephen Duprey, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson and Monica Mezzapelle.
Whereupon the Chairman declared said motion adopted.
NONPUBLIC SESSION
The Chair asked for a motion to enter into nonpublic session. At 2:04 p.m. the Board entered into a Nonpublic Session under RSA 162-A:7-10 and RSA 162-A:13 (h) Consideration of applications by the Business Finance Authority, where consideration of confidential, commercial, or financial information that is exempt from public disclosure; and matters which if discussed in public, would likely affect adversely the reputation of any person, other than a member of the public body itself.
Upon motion to go into a nonpublic session made by Director Henderson and seconded by Director Provencher, the following roll call vote was taken to enter:
Matthew Benson Yes; Monica Mezzapelle Yes; Catherine Provencher Yes; Daniel Henderson Yes; Todd Horner Yes; Cheryl Coletti-Lawson Yes; Dick Anagnost Yes; Vikram Mansharamani Yes; Stephen Duprey Yes; Bruce Burns Yes; Stacey Donlon Yes.
Nay: None
Abstain: None
PUBLIC SESSION RESUMED AT 2:16 p.m.
Chairman Anagnost asked for a motion to return to public session. A motion was made by Director Henderson and seconded by Director Coletti-Lawson.
The following named Directors voted:
Aye: Dick Anagnost, Matt Benson, Monica Mezzapelle Catherine Provencher, Todd Horner, Daniel Henderson, Cheryl Coletti-Lawson, Stephen Duprey, Vikram Mansharamani, Bruce Burns, and Stacey Donlon.
Nay: None
Abstain: None
Chairman Anagnost asked for a motion to seal the nonpublic minutes of July 20, 2026. A motion was made by Director Henderson and seconded by Director Coletti-Lawson.
The following named Directors voted:
Aye: Dick Anagnost, Matt Benson, Stephen Duprey, Monica Mezzapelle Catherine Provencher, Todd Horner, Daniel Henderson, Cheryl Coletti-Lawson, Vikram Mansharamani, Bruce Burns, and Stacey Donlon.
Nay: None
Abstain: None
BFA Loans:
The Chairman asked for a motion to approve the loan for MicroSociety Academy Charter School Foundation in the amount of $287,027.
Upon motion made by Director Burns and seconded by Director Mansharamani, the following action was voted on:
VOTED: To approve the loan for MicroSociety Academy Charter School Foundation loan in the amount of $287,027.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Monica Mezzapelle, Stephen Duprey.
Nay: None
Abstain: None
The Chairman asked for a motion to approve the loan for Girls Inc., of NH in the amount of $61,956.34.
Upon motion made by Director Provencher and seconded by Director Henderson the following action was voted on:
VOTED: To approve the loan for Girls Inc., of NH loan in the amount of $61,956.34.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
The Chairman asked for a motion to approve the loan for Castle Preservation Society dba Castle in the Clouds in the amount of $300,000.
Upon motion made by Director Henderson and seconded by Director Coletti-Lawson the following action was voted on:
VOTED: To approve the loan for Castle Preservation Society dba Castle in the Clouds loan in the amount of $300,000.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
The Chairman asked for a motion to approve the loan for The Society of the Protection of NH Forests in the amount of $300,000.
Upon motion made by Director Henderson and second by Director Mansharamani the following action was voted on:
VOTED: To approve the loan for The Society of the Protection of NH Forests loan in the amount of $300,000.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
The Chairman asked for a motion to approve the loan for Southern District YMCA – Camp Lincoln, Inc. in the amount of $200,000.
Upon motion made by Director Burns and seconded by Director Donlon the following action was voted on:
VOTED: To approve the loan for Southern District YMCA – Camp Lincoln, Inc. loan in the amount of $200,000.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
Resolution 195-E:
The Chairman asked for a motion to authorize Bonnie Payette and James Key Wallace as signers authorized to issue bonds, notes, and other obligations and to undertake such actions as may be necessary or appropriate to carry out the purposes of RSA 195-E.
Upon motion made by Director Provencher and seconded by Director Mansharamani the following action was voted on:
VOTED: To authorize Bonnie Payette and James Key Wallace as signers authorized to issue bonds, notes, and other obligations and to undertake such actions as may be necessary or appropriate to carry out the purposes of RSA 195-E.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
Granite Edvance Corporation Bond:
The Chairman asked the Board to consider approval of a resolution authorizing up to $250,000,000, of which up to $30,000,000 shall be tax exempt, Education Loan Revenue Bonds for Granite Edvance Corporation Issue, Series 2026.
Upon motion made by Director Burns and seconded by Director Donlon the following action was voted on:
VOTED: To approve of a resolution authorizing up to $250,000,000, of which up to $30,000,000 shall be tax exempt, Education Loan Revenue Bonds for Granite Edvance Corporation Issue, Series 2026.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Vikram Mansharamani, Todd Horner, Catherine Provencher, Cheryl Coletti-Lawson, Bruce Burns, Stacey Donlon, Stephen Duprey, Monica Mezzapelle.
Nay: None
Abstain: None
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Kreidermacher to review the month end Financial Report.
The Chairman asked Mr. Stanizzi to review the Lending Reports.
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report.
At 2:43 p.m. there being no further business upon motion made by Director Duprey and seconded by Director Mansharamani the meeting was adjourned at 2:43 p.m.
Respectfully submitted: James Key Wallace, Clerk