Maine Data and Stories

Map of Selected Projects in Maine

Community Testimonials

We have seen the positive and lasting impacts of NMTC projects in lower income communities first hand – it works! The job creation and the quality of the jobs is so essential to lifting LMI communities out of poverty’s gravity

-John Egan, The Genesis Fund, Brunswick, ME

Selected Projects in Maine

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

New Markets Tax Credit Investment to Expand Penobscot Community Health Care’s Seaport Community Health Center

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.

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 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

A New Markets Tax Credit transaction funds construction of a wood-fiber insulation factory at the former UPM paper mill in Madison.
NTMC financing funded Educare Central Maine, the first Educare site in New England.
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.
NMTC investments raise the profile of rural Maine as a premier, nature-based tourism destination.
Established over 100 years ago, Quoddy is a high-end, hand-sewn shoe manufacturer.
The wood industry is one of the largest employers in the state of Maine accounting for approximately 19,000 jobs.
Grand Lake Stream Plantation is a town located in rural Washington County, Maine.

Site visits and recent news related to Maine NMTC Projects

Sen Collins, Sen. King, former Rep. Poliquin tour St. Croix Tissue

Wednesday was the official ribbon cutting for the two new machines at the St. Croix Tissue Mill. Members of Maine’s congressional delegation said this new investment will push Maine to the forefront of the paper industry.
Aug-2016