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Small, rural businesses have unique financing needs. USDA’s federal capital helps to stimulate business creation and growth.
Small Business Development Centers in Maine recorded one of their highest numbers of business starts during 2023. “I think the pandemic caused a lot of people to rethink things," says Maine SBDC Director Mark Delisle.
Founders of an oyster farm, a producer of goods using lavender buds, and a landscaping firm were recognized for their “spirit of innovation and perseverance.”
The central repository of housing and community data is designed to support planning and actions to address housing production needs across the state.
With Maine's housing shortage at a fevered pitch and affordability a top challenge, new federal grants will support development, financing and modernization of public housing projects.
The last 30 years have meant significant changes to the city's downtown, as well as places like the Downs in Scarborough and at Brunswick Landing.
Guest columnist Derek Volk, CEO of Volk Packaging Corp., writes that Maine companies are saddled with high costs, greater tax burden and more regulations than more competitive states.
In a ranking of cities with fewer than 100,000 residents, Portland and Bangor topped all other urban areas across the northeastern U.S. South Portland was close behind.
There have been months of debate over a proposal to raze 142 Free St. in order to make room for a $100 million expansion at the Portland Museum of Art. Now a request to change the building's historic designation goes to the Portland City Council,
Reserved for households earning up to 60% of area median income, rents will range from $1,130 to $1,550. The energy-efficient building is designed to LEED Silver standards.
The neighborhood is in a state-certified Opportunity Zone, offering developers and investors tax credits for increasing development in underserved areas.
At $13.3 billion, lakefront properties contribute the biggest chunk of value. But challenges include development, invasive species and climate change.
The money, from the a recent federal appropriations bill, allows Bath Housing to expedite Phase II of the project, considered an important development given the ongoing need for housing in the community.
Where there were once vacant lots and fields, there's now a crop of apartments, coffee shops, retail stores and other development. More is on the way.
Development of the former mill, which had an industrial explosion in 2020 and closed last year, will focus on businesses looking to be near forest resources. About 1 million square feet of industrial space will be available.
The county’s labor force, business creation and consumer spending power have been bolstered by New Americans, the report by a Washington, D.C., nonprofit says.