The announcement comes on completion of the Jaffrey Planning Board’s requirements and the successful public and corporate response to the Groundbreakers campaign.
The Theatre’s exact construction start date in September will be announced in late August after construction arrangements are finalized with the project’s bank, the Town’s various departments and USDA, The Park Theatre said in a news release Wednesday.
The US Department of Agriculture is the lead funder for the rebuilding of The Park Theatre through its Community Facilities Program. The program, administered by USDA Rural Development, provides financial support to essential community facilities. The agency’s mission is to increase economic opportunity and quality of life in rural areas.
“This is the moment every supporter of The Park has been waiting for,” Park Theatre CEO Steve Jackson, said in the news release. “It is a monumental achievement for the organization … and a testament to the passion and perseverance of our fans throughout the Monadnock Region and beyond.”
The project to rebuild and reopen The Park Theatre began in 2005 with a “Sprint to the Finish” campaign to purchase the original property on Main Street. Since then, the project has raised $4,900,000 to design, develop and partially fund the new building. Substantial funding for that work and the construction has come from New Hampshire’s Community Development Finance Authority through tax credits donated to the Theatre by 36 businesses in Jaffrey and throughout the state. More than 32 foundations, 75 businesses, and over 2,800 individuals have contributed to the work to rebuild and reopen The Park Theatre.
“We are very excited,” said Caroline Hollister, Board Chair of The Park Theatre, in the news release, “but mostly we are profoundly grateful — grateful to everyone who has supported us and encouraged us over the past twelve years. Each and every donor made it possible for the project to be where it is today.”