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 Wins Fifth New Markets Tax Credit Allocation for $55 Million
Mascoma Community Development (MCD) is proud to announce an award of $55 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury’s Community Development Financial Institution (CDFI) Fund.
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.
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).
Community Health Centers of Burlington (CHCB) provides affordable, quality health care to all who need it, regardless of financial status or life circumstances.
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
While it’s gratifying to watch people come together and support one another during difficult times, it’s also very important to keep watch for those who have ulterior motives.
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
At Mascoma Bank, we believe that the importance of art and the value of its creation goes far beyond anything displayed on walls or a stage. That’s why we are proud to be a longtime supporter of SafeArt, a community-based organization that uses the expressive arts as tools to support mental health and overall well-being.
At Mascoma Bank, we believe that every member of our community should have opportunities to experience the arts and humanities, as an audience member, participant, and/or creator.
As a certified B Corp, Mascoma Bank is part of the global movement to use business as a force for good. But what does that mean? How can business be a force for good? The Vermont Employee Ownership Center is a prime example of how businesses can have a positive impact in the real world,
Apple Hill Center for Chamber Music sits on 100 pastoral acres in the small New Hampshire town of Nelson. Originally a sheep farm, the location was acquired in 1971 by Boston area-based cellist and music teacher Gene Rosov, who had a dream to start a music camp for his students.
Music is a collaborative art. People who play music together learn to work together and form the connections that result in strong communities. At Mascoma Bank, working to promote strong communities is an important part of who we are. That means, supporting organizations like the Upper Valley Music Center aligns perfectly with our philosophy.
The Lucy Mackenzie Humane Society: Improving the Lives of People and Pets
At Mascoma Bank, one of our most important goals is to be a force for positive change. No less an authority than Mahatma Gandhi once said, “The greatness of a nation and its moral progress can be judged by the way its animals are treated.” If that’s true, the Lucy Mackenzie Humane Society is making us
So the snow came early this year, and it just keeps coming. No doubt a fair number of you are now daydreaming about vacations in Florida or New Mexico, maybe checking out rentals on Airbnb or Trivago.
Right about this time of year, all you avid snowboarders and skiers in the Keene area are doing the same thing. You’re hoping winter comes early, drops tons of snow, and stays as long as possible, at least through April, maybe even into May.
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.
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.