Mascoma Bank Provides Funding for 44 Affordable Housing Units
Mascoma Bank and its community development lending group is pleased to announce that it has provided $1,950,000 of permanent funding for the newly constructed Heater Landing Apartments (Heater Landing LP).
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.
Springfield Area Parent Child Center Takes Care of Families
For 30 years, the Springfield Area Parent Child Center (SAPCC) has worked hard to build bridges of support for children, families, and caregivers in the state of Vermont.
At Mascoma Bank, we know that mental health is a crucial part of a person’s well-being. That’s why we support the community-based nonprofit SafeArt, which uses creative expression and various art mediums to help people work toward wellness.
Within the last year, the Portland, Maine-based team for Mascoma Bank has grown from two to six members. Two of those six members, Andrew Cook and Amberlynn Esperanza, have recently transitioned into volunteer leadership roles with the Portland Regional Chamber of Commerce (PRCC).
Hartford Community Coalition: Caring for Community and a Community of Caring
The year 2013 was a tough one for the Hartford community—three young people died by suicide. One positive thing to come out of such tragedy was the creation of Hartford Community Coalition (HCC).
NMTC Helps Fund a New Facility for Tropical Products
Mascoma Community Development (MCD) is pleased to announce a $20 million New Markets Tax Credit (NMTC) allocation to finance the construction of a new manufacturing and warehouse facility for Tropical Products Inc.’s water-based personal care, home care, and pet care products in Salem, Massachusetts.
On March 16, 2022, Mascoma Community Development announced $7 million in New Markets Tax Credits funding for The Food Bank of Western Massachusetts, Inc.
Community Health Centers of Burlington (CHCB) provides affordable, quality health care to all who need it, regardless of financial status or life circumstances.
In August, Mascoma Bank sponsored Burlington, Vermont’s Intervale Center and their annual fundraiser, which celebrates Vermont’s vibrant food system and our community of talented farmers, chefs, and supporters.
Mascoma Bank supported the Humane Society of Chittenden County’s (HSCC) by sponsoring two of their major fundraising events in 2020: Purrrses for Paws (an auction event featuring purses) and their first-ever virtual Walk & 5K. Mascoma’s sponsorship supported HSCC’s Annual Campaign, which funds everything from day-to-day operations to emergency veterinary care. In addition to rehoming
Generator is a design and fabrication sandbox in the heart of Burlington, Vermont’s South End Arts and Business district. Its makerspace is a combination of artist studios, classrooms, and business incubator at the intersection of art, science, and technology. They provide the tools, expertise, education, and opportunity that empowers community members to create, collaborate, and
Mascoma Bank has made the difficult decision to cancel our 2020 Summer BBQ schedule for the safety and well-being of our community and team members. For Mascoma Bank team members, the BBQs are a highlight of the summer. We get to spend time outside and quite literally serve our neighbors.
The benefits of music and music education to the growing minds of young people are backed by decades of research. But music programs, along with all the arts, are often among the first to be cut in order to trim a school budget. At Mascoma Bank, we take pride in our mission to be a
The end of the year is often seen as a time to give to those in need, whether it’s through monetary support or showing up to volunteer. How can you make the most impact this season as you decide where your resources should go?
The Intervale Center: Good for Farms, Good for Land, Good for People
Rising in the town of Cabot in Washington County, Vermont, the Winooski River flows westward across half the state, winding its way through Colchester, Winooski, and Burlington on its approach to Lake Champlain. From above, it looks like a ribbon tossed upon the land.
Mascoma Bank has a long history of commitment to both its employees and its communities, and this commitment continues to grow with time. And now, these efforts are being recognized.
10 Hot Spots for Cool Ice Skating in the Upper Valley
When it comes to ice skating in the Upper Valley, people tend to fall into one of two groups. There are the recreationists who just want to get out on some ice, skate around for a little bit, and sip some hot chocolate. And then there are the hockey players.
The Upper Valley can be an outdoor lover’s paradise. There’s always another mountain to climb, a lake to swim in, a river to paddle down, a mountain trail to bike on. But the Upper Valley has plenty of indoor attractions, too, as well as places that offer a great indoor/outdoor combination.
INSIGHT Investing in the Community: Mascoma Community Development
Learn how Mascoma Community Development helped drive economic revitalization in Berlin, New Hampshire’s steel industry and assisted in putting more than a hundred local residents back to work.
Mascoma Savings Bank BBQs: Serving (and Feeding!) the Community
Did you make it to a Mascoma Savings Bank community BBQ this summer? Hamburgers, hot dogs, cold drinks–we’ve got it all, along with a good dollop of that community feeling. Take a look.
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Mascoma Community Development
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SBA Interim Final Rule
The following document is provided by the Small Business Administration (SBA) and is not associated with Mascoma Bank.