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Charlie Spies, CEO of CEI Capital Management, was appointed to the board of directors of the New Markets Tax Credit Coalition, a national advocacy group for the federal program aimed at encouraging private investment in low-income areas.
In a press release, CEI said the appointment comes as U.S. Sens. Jay Rockefeller, D-W.Va., and Roy Blunt, R-Mo., are pushing for legislation that would extend the tax credit program indefinitely for census tracts where the poverty rate is at least 20% or where the median family income exceeds 80% of the median for the area.
CEI Capital Management, the for-profit subsidiary of Coastal Enterprises Inc., with offices in Wiscasset and Portland, this year became the largest aggregate recipient of tax credits through the new markets program, winning $858 million in total awards from the U.S. Treasury.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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