Insight

Mascoma Community Development Supports Champlain Housing Trust with $9M in New Markets Tax Credits

BURLINGTON, VT — August 21, 2026 Mascoma Community Development (MCD) today announced the closing of $9 million in New Markets Tax Credits (NMTC) financing to support the development of Shale Beach Condos, a new-construction affordable homeownership project in Burlington, Vermont, led by Champlain Housing Trust, Inc. Community Housing Capital (CHC) provided an additional $11 million

We are pleased to share that the transaction bringing Mascoma Bank and Androscoggin Bank together under ClearNorth Financial Mutual Holding Company has officially closed. This marks an important step in building a stronger future for community banking in Northern New England. By working together, our two banks will have greater capacity to invest in technology,

Quick Find