Mascoma Community Development Archives

Bongards, Perham (MN) (2024)

Perham, MN

Business Development, Manufacturing
CDEs: Dudley Ventures, Mascoma Community Development, National New Markets Fund, Rural Development Partners, Waveland Community Development

New Markets Tax Credit financing for equipment toward the expansion of a cheese and whey processing facility in Perham, Minnesota.

Climate by Design International, Inc. (2022)

Owatonna, MN

Manufacturing
CDEs: Mascoma Community Development, Midwest Minnesota CDC, University Financial Corp.

The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility

APG Manufacturing (2023)

Defiance, OH

Manufacturing
CDEs: Finance Fund, Mascoma Community Development

APG Manufacturing is a woman-owned company that manfactures plastic dispensers and pumps used in the consumer health and beauty industries. The APG Manufacturing facility is 80,000 sq. ft. advanced manufacturing

Packing House Phase II, 411 Kitchen (2023)

Cambridge, MD

Incubator, Manufacturing
CDEs: Mascoma Community Development, National Trust Community Investment Corporation, NeighborGood Partners, The Reinvestment Fund, USBCDE

This Project is the second phase of the historic renovation of the Phillips Packing House Building in Cambridge, MD. The Phase 2 NMTC transaction will fund the build-out of tenant

KAMP Automation (2023)

Owatonna, MN

Manufacturing
CDEs: Mascoma Community Development

The project consisted of the refinance and acquisition of land, which KAB Properties purchased from the City of Owatonna in February 2023, and finance building construction costs for an approximately

Food Bank of Western Massachusetts (2022)

Chicopee, MA

Food Bank or Pantry, Shelters and Community Food
CDEs: Evernorth Rural Ventures, Mascoma Community Development

The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000

80 Exchange, LLC. (2018)

Portland, ME

Mixed-use, Restaurants and Catering, Retail
CDEs: Mascoma Community Development

NMTC financing totaling $2,000,000 to was used to improve a 13,087 sq. ft. commercial building located at 80 Exchange Street in Portland, ME. Tenants consist of various restaurants, retail and

The Packing House (2021)

Cambridge, MD

Community, Mixed-use
CDEs: Mascoma Community Development, NeighborGood Partners, The Reinvestment Fund

The project consists of the rehabilitation of the 60,500 sq. foot historic Phillips Packing Company, Factory F into a mixed-use technology hub within a non-metropolitan, severely distressed tract in Cambridge,

Coastal Container (2023)

Holland, MI

Business Development, Manufacturing
CDEs: Chase, Evernorth Rural Ventures, Grow America, Mascoma Community Development

NMTC Funding helps Coastal Container expand.

APackaging Group (2023)

Defiance, OH

Business Development, Manufacturing
CDEs: Fort Wayne New Markets Revitalization Fund, Mascoma Community Development, PNC

APackaging Group Receives New Markets Tax Credits to expand its facility, create quality jobs, and make a positive environmental impact.

Dot Manchester 2022 (2022)

Manchester, TN

Food Bank or Pantry
CDEs: Capital One, Mascoma Community Development, MuniStrategies

The construction of a 190,000 sq. ft. food product distribution center in a non-metropoletal low-income community in Manchester, Tennessee. The new facility allows Dot Foods to consolidate healthy food and

Tropical Products (2022)

Salem, MA

Manufacturing
CDEs: Mascoma Community Development

The acquisition and construction of a 2-story, 99,724 sq. ft. manufacturing and warehouse facility creates jobs in Salem.

CDI receives $10M in New Markets Tax Credit for new facility ()

Environment
CDEs: Mascoma Community Development

Mascoma Community Development (MCD) is pleased to announce the closing of $10 million in New Markets Tax Credit (NMTC) allocation to finance the…

Grappone Automotive (2022)

Concord, NH

Automotive, Business Development, College or Vocational Training, Community, Retail, Retail and Commercial, Vocational Training
CDEs: Mascoma Community Development

Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts

Grappone receives $18 million in New Markets Tax Credits to build new facility ()

Automotive, Business Development, College or Vocational Training, Community, Retail, Retail and Commercial, Vocational Training
CDEs: Mascoma Community Development

Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts

NMTC Helps Fund a New Facility for Tropical Products ()

Business Development
CDEs: Mascoma Community Development

$20 million NMTC allocation to finance the construction of a new manufacturing and warehouse facility for Tropical Products Inc.’s water-based personal care, home care, and pet care products in Salem,

Jake’s ONC LLC (2019)

Burlington, VT

Grocery and Fresh Food, Mixed-use and Commercial, Retail
CDEs: Mascoma Community Development

The acquisition of equipment, tenant buildout of 6,000 retail space and working capital to bring a locally owned grocery store to Burlington’s Old North End, a distressed community.

Go Lab (2021)

Madison, ME

Business Development, Incubator
CDEs: Mascoma Community Development, MHIC

A New Markets Tax Credit transaction funds construction of a wood-fiber insulation factory at the former UPM paper mill in Madison.

Nashua Performing Arts Center (2021)

Nashua, NH

Arts, Community, Theaters and Performing Arts Spaces
CDEs: Mascoma Community Development

The former Alec’s Shoe store building at 201 Main St. will soon be demolished to pave way for the $25 million theater complex.

Littleton Consumer Cooperative Society, Inc. (2016)

Littleton, NH

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural
CDEs: Mascoma Community Development

The 6,000-sq. ft. addition allows the co-op on Keene's Cypress Street to expand popular departments, such as meats, seafood, the deli and prepared foods. The current store is about 8,000

Keene Public Library Expansion (2018)

Keene, NH

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural
CDEs: Mascoma Community Development

The Keene Public Library's $13M expansion project connected the main library to a neighboring annex building.

National Comedy Center (2017)

Jamestown, NY

Arts, Community, Museums, Rural
CDEs: Empire State Development Corporation, Mascoma Community Development, TruFund

New national attraction generates laughs and investment in Jamestown, New York

The Center for Nursing and Rehabilitation (2017)

Hoosick Falls, NY

Community, Healthcare
CDEs: Mascoma Community Development

The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by

East Jordan Foundry (2017)

Elmira, MI

Business Development, Manufacturing, Rural
CDEs: Cinnaire New Markets, CRFUSA, Mascoma Community Development, PNC

Financing for the acquisition and installation of equipment for a metal casting facility, East Jordan Iron Works.

The Concord Theatre (2018)

Concord, NH

Arts, Community, Rural, Theaters and Performing Arts Spaces
CDEs: Mascoma Community Development

The renovation of a theater facility.

Putnam Block (2019)

Bennington, VT

Adult Education, Affordable Housing, College or Vocational Training, Community, Environment, FQHCs, Healthcare, HFFI, Historic Rehabilitation, Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Rural, Vocational Training
CDEs: Evernorth Rural Ventures, Mascoma Community Development, Mid-City Community CDE

The renovation of 3 historic buildings in downtown Bennington, VT.

Mascoma Closes $900,000 NMTC Expand Local Grocery Access Burlington’s Old North ()

Grocery and Fresh Food, Mixed-use and Commercial, Retail
CDEs: Mascoma Community Development

The acquisition of equipment, tenant buildout of 6,000 retail space and working capital to bring a locally owned grocery store to Burlington’s Old North End, a distressed community.

CDE: Mascoma Community Development

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Project Profiles and Stories