Benn High project receives $15M in New Markets Tax Credits
Mascoma Community Development (MCD) is pleased to announce the closing of $15 million in New Markets Tax Credit (NMTC) allocation to finance the Benn High project, a rehabilitation of the former Bennington High School into a mixed-use development that includes affordable housing, a childcare facility, a fitness and wellness facility, and community space.
Mascoma Bank is pleased to announce that Ryan Bishop has been hired as Senior Vice President Managing Director, Mascoma Community Development (MCD). MCD is a wholly owned subsidiary of Mascoma Bank and a registered community development entity (CDE).
Mascoma Bank Provides Funding for 44 Affordable Housing Units
Mascoma Bank and its community development lending group is pleased to announce that it has provided $1,950,000 of permanent funding for the newly constructed Heater Landing Apartments (Heater Landing LP).
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