P000597-3

Chellie Pingree (D-ME01)

Tax Staffer: Lisa Pahel, lisa.pahel@mail.house.gov. Last updated: 10/04/2024

District Highlights (Through 2023)

  • 19 projects
  • 134,597,353 in NMTC allocation
  • 259,981,875 total project financing
  • 1,402 FTE jobs created or retained
  • 1,121 construction jobs created
  • 7 manufacturing businesses

19

projects

$134,597,353

NMTC Allocation

$259,981,875

in total project financing

1,402

FTE jobs

1,121

construction jobs

7

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

MedRhythms, Inc. (2023)

Portland, ME

MedRhythms, Inc. (“MedRhythms”) is a digital therapeutics company using sensors, software, and music to deliver Auditory-Motor Entrainment (“AME”) therapy to chronic stroke survivors. Rhythmic auditory stimulation unconsciously synchronizes with the

MedRhythms, Inc. (2021)

Portland, ME

MedRhythms is the developer of a digital therapeutics platform to deliver rhythmic auditory stimulation therapy to chronic stroke survivors. While RAS therapy typically takes place in a clinical setting, MedRhythms’s

80 Exchange, LLC. (2018)

Portland, ME

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

Vets Choice (2017)

Portland, ME

Financed hip, modern offices of Vets First Choice on Commercial Street in Portland. The company provides pharmacy services for animal care at its 170,000 sq. ft. headquarters.

Molynlycke Health Care manufacturing (2012)

Brunswick, ME
The purchase and installment of medical manufacturing equipment at US processing facility of Mölnlycke, a Swedish-owned wound-care manufacturing, eliminating need to ship product overseas for conversion.

Educare Central Maine (2011)

Waterville, ME
NTMC financing funded Educare Central Maine, the first Educare site in New England.

Gulf of Maine Research Institute (2004)

Portland, ME
Construction of a 44,000 sq. ft. marine research/education laboratory on the waterfront in Portland, with a mission of sup-porting the fishing industry in the Gulf of Maine.

Projects Nearby the District

Lewiston, ME (2013)

Quoddy

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Newmarket, NH (2011)

The Newmarket Mills project

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Projects Nearby the District

Lewiston, ME (2013)

Quoddy

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Newmarket, NH (2011)

The Newmarket Mills project

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