Michelle LeClair is a Senior Vice President in Community Development Lending at Mascoma Bank and works specifically in the Tax Credit Lending division. She also serves as Chief Investment Officer for Mascoma Community Development.
Michelle began her career in banking in 1987 and joined Mascoma Bank in 2012. In addition to servicing a traditional commercial loan portfolio, Michelle’s work includes securing new funding, pipeline development, underwriting and closing investments utilizing New Markets Tax Credits, Historic Tax Credits and Low-Income Housing Tax Credits. Her diverse lending activities include funding real estate holding entities, manufacturing, and retail businesses, as well as many professional medical and dental practices. Michelle has contributed to the formation of Mascoma Community Development and has spearheaded the application process in five rounds for each of our NMTC allocations with the U.S. Treasury’s CDFI Fund.
Since coming to the Upper Valley in 1995, Michelle has been involved in the Rotary Clubs of White River Junction, Riverside, and Lebanon, the Friends of Children’s Hospital at Dartmouth Board, and has worked on the fundraising committee at David’s House. She is also a past board member of Upper Valley Habitat for Humanity, Carter Community Building Association, and Risk Management Association, Vermont Chapter. She currently serves on the Granite United Way’s Housing & Healthy Environments grant review committee as well as Evernorth’s VT and NH Housing Investment Committees, and she sits on the NMTC Advisory Board for BMO Harris New Markets Fund.
Michelle is a summa cum laude graduate of Granite State College with a BS in Management with a minor in Finance. She lives in Enfield, New Hampshire, with her family, and enjoys time with her grandchildren and all outdoor activities.