Eastern Maine Development Corporation was awarded a $367,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The two-year award, issued on June 15, 2021, will allow Eastern Maine Development to provide financing and technical assistance to businesses and communities in need as a result of the pandemic through September 30, 2023. As a Community Development Financial Institution, Eastern Maine Development will leverage the federal funding to deliver products and services that address economic challenges in its service area exacerbated by COVID-19.
Generated 1/6/24, 11:29 PM