Expanding opportunities in America’s cities

Coastal Enterprises Inc.

Wiscasset, Maine
$760,000

Awarded

Awarded:
2009

Through financing and community development work, the organization has supported the growth of small and medium businesses, created or retained thousands of jobs and financed more than 1,200 units of affordable housing and dozens of community facilities for Maine residents. This program-related investment – those which give nonprofit organizations, including nonprofit banks and community development financial institutions, access to capital in the form of low-interest or interest-free loans – supports job creation and finances small-scale enterprises throughout communities in rural Maine.