CCNH Signs LOI to Acquire Liberty House
Catholic Charities New Hampshire, one of the largest, non-profit, human service agencies in the state, signed a letter of intent (LOI) to acquire the program and assets of Liberty House, Inc. The target closing date is September 2019.
The letter of intent will pave the way for Liberty House to become a program of Catholic Charities New Hampshire. Since 2004, the Manchester-based non-profit – which relies exclusively on private donations – has responded to the dynamic needs of veterans with transitional housing, as well as recovery, job placement, and mental and physical wellness programs. It also serves vulnerable veterans who require food, clothing, community referrals and various advocacy programs.
“This letter of intent begins the next phase for Liberty House,” said Jeff Nelson, executive director of Liberty House. “The veterans we serve are an incredibly vulnerable population. They are individuals facing immense challenges such as trauma, PTSD, addiction and a lack of secure housing – issues that require intense support, accountability and the strong sense of brotherhood that our program provides. Joining Catholic Charities New Hampshire will enable us to offer a more diverse set of services and make a lasting, positive impact on the lives of many more veterans.”
“While we will continue to operate much the same way and our mission remains unchanged, we are incredibly fortunate to have the support of Catholic Charities, a wonderful organization that has done so many great things for individuals across New Hampshire,” said JP Marzullo, chairman of the Liberty House board of directors. “It’s great to see two like-minded organizations, with similar goals and values, come together and commit to a future where we’ll be able to honor and support our veterans in new ways.”
“Liberty House has been a staple in our community for the past 15 years, helping more than 300 veterans, oftentimes with nowhere else to turn, move forward from despair and hopelessness to self-sufficiency and independence,” said Tom Blonski, president and CEO of Catholic Charities New Hampshire. “Its mission of supporting lives with honor, dignity and respect is well-aligned with our focus of serving people from all backgrounds and walks of life. We’re excited to welcome this incredible program, and Liberty House’s dedicated and passionate staff, into our family of programs.”