Mascoma Community Development (MCD) is a community development entity (CDE) – established in 2013, as a wholly-owned subsidiary of Mascoma Bank with the primary mission of community development utilizing the New Markets Tax Credit (NMTC) Program. The NMTC program allows MCD to direct capital to underserved communities through financing high-impact, mission-focused projects nationwide. MCD’s primary goals are to deploy tax credits into projects benefiting severely distressed, low-income communities and/or low-income persons.
As an extension of Mascoma Bank’s B Corporation® status and philosophy, its subsidiary, Mascoma Community Development (MCD), uses business as a force for good in the community and strives to be a positive change in how we do business. Each day we change lives for the better by seeking positive sustainable impact and by undertaking projects that would not otherwise get completed without subsidy.
See How MCD Helps Communities in Northern New Hampshire
New Markets Tax CreditsGet Details About NMTC
Previous MCD ProjectsSee Previous Projects
Find If Your Area QualifiesMap My Project
Mascoma Community Development TeamMeet the Team
“In accordance with federal law and the U.S. Department of the Treasury policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability. To file a complaint of discrimination, write to Department of the Treasury, Office of Civil Rights and Diversity, 1500 Pennsylvania Ave. NW, Washington D.C., 20220 or call (202) 622-1160.”