Insight

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.

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Posted by Mascoma Bank on June 20, 2022

NMTC Funding for The Food Bank

On March 16, 2022, Mascoma Community Development announced $7 million in New Markets Tax Credits funding for The Food Bank of Western Massachusetts, Inc.

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Posted by Mascoma Bank on March 16, 2022