Project Grant CLSS00000075694

The Department of Agriculture Rural Housing Service awarded Coastal Enterprises $8 million under the Meat and Poultry Intermediary Lending Program (CFDA 10.382) from March 2023 through March 2025. The Meat and Poultry Intermediary Lending Program provides grants to intermediaries to facilitate financing for qualified ultimate recipients to start or expand meat and poultry processing operations in order to increase processing capacity and help create new markets for meat and poultry products. Coastal Enterprises will use the $8 million grant to provide loans and technical assistance to meat and poultry processors in Maine for the purpose of expanding processing capacity.