NMTC Archives - Mascoma Bank

Insight

NMTC Funding For Climate by Design International

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.

Read More

Posted by Mascoma Bank on October 27, 2022

NMTC Funding for Dot Foods

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.

Read More

Posted by Mascoma Bank on October 25, 2022

NMTC Funding for Grappone

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.

Read More

Posted by Mascoma Bank on September 9, 2022