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

LEBANON, NH and LEWISTON, ME — May 11, 2026 Mascoma Bank and Androscoggin Bank today announced their plan to combine their parent companies into a single mutual holding company, bringing together two strong, mutually owned community banks that share deep roots across Northern New England. The combination reflects a long‑term commitment to preserving and strengthening mutual banking in the region while ensuring both institutions

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