Chellie Pingree (D-ME01)

Tax Staffer: Lisa Pahel, lisa.pahel@mail.house.gov.

District Highlights

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)

Educare Central Maine

Waterville,
ME
(2011)

Community, Daycare and Early Childhood, Rural, Youth and Families

CDE(s): CEI Capital Management

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

MedRhythms, Inc.

Portland,
ME
(2023)

Healthcare

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

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

Vets Choice

Portland,
ME
(2017)

Manufacturing

CDE(s): Advantage Capital

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.

80 Exchange, LLC.

Portland,
ME
(2018)

Mixed-use, Restaurants and Catering, Retail

CDE(s): 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

MedRhythms, Inc.

Portland,
ME
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

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

Gulf of Maine Research Institute

Portland,
ME
(2004)

Business Development, Research, Science and Tech

CDE(s): CEI Capital Management

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.

Molynlycke Health Care manufacturing

Brunswick,
ME
(2012)

Business Development, Manufacturing

CDE(s): CEI Capital Management

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.

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

Quoddy

Lewiston, ME (2013)

Project Photo of a project nearby the district

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The Newmarket Mills project

Newmarket, NH (2011)

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