P000597

Chellie Pingree (D-ME01)

DC Phone: 202-225-6116

Tax Staffer: Lisa Pahel, [email protected] (Updated: 02/22/2021)

[The NMTC is ] a tool to mitigate for declining economic activity, especially in rural areas. We use the NMTC program financing structures to: support the global competitiveness of long-standing core industries to; build economic diversification through investment in new and growing industries; support the foundational institutions in communities such as health care and educational services. This tool is used to enhance local economies so that all persons, especially those with low-incomes have the chance to be part of a healthy and sustainable community.

-Charles Spies, Former Chief Executive Officer, CEI Capital Management LLC, Brunswick, Maine

District Highlights

NMTC Project Profiles (Inside the District)

Brunswick, ME (2,012)

Funds 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…

Waterville, ME (2,011)

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

Portland, ME (2,004)

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…

State Fact Sheet