Mascoma Community Development (MCD) is pleased to announce the closing of $10 million in New Markets Tax Credit (NMTC) allocation to finance the construction of a 200,000-square-foot headquarters, including manufacturing and warehouse facility and equipment procurement, for Climate by Design International, LLC (CDI) in Owatonna, Minnesota.
Mascoma Community Development (MCD) is pleased to announce the closing of $15 million in New Markets Tax Credit (NMTC) allocation to finance the construction and operation of a 177,000 square-foot food product distribution center for Dot Foods, Inc. in Manchester, Tennessee.
On September 8, 2022, Mascoma Community Development (MCD) announced the closing of $18 million in New Markets Tax Credits (NMTC) allocation to finance the acquisition and new construction of a 25,800 square-foot automobile dealership, training center, and community meeting space available at no cost to nonprofit organizations in Concord, New Hampshire.
Mascoma Community Development (MCD) is pleased to announce a $20 million New Markets Tax Credit (NMTC) allocation to finance the construction of a new manufacturing and warehouse facility for Tropical Products Inc.’s water-based personal care, home care, and pet care products in Salem, Massachusetts.
On March 16, 2022, Mascoma Community Development announced $7 million in New Markets Tax Credits funding for The Food Bank of Western Massachusetts, Inc.