[Lewiston, Maine] – Evernorth Rural Ventures closed a $6.8 million allocation of New Markets Tax Credits (NMTCs) for the construction of a new 11,000 square foot facility to enhance and expand the Trinity Jubilee Center’s community impact. The new space will grow Jubilee’s ability to meet community needs for food and resource security, shower and laundry facilities, and other essential services, allowing Jubilee to serve more clients than ever before.
On January 29, the Finance Authority of Maine (FAME) announced Evernorth Rural Ventures (ERV), a subsidiary of Evernorth, was awarded a $10.4 million allocation of New Markets Tax Credits (NMTC) authority to continue its successful economic and community development investment in low-income and rural areas across Maine. FAME’s Maine New Markets Capital Investment Program is designed to stimulate private investment and spur job growth in rural and underserved areas of the state.
Evernorth is excited to announce that Sherrin Vail, Vice President of Asset Management and Portfolio Initiatives, was awarded the Susan E. Simpson Award by the Maine Real Estate Manager’s Association (MREMA). This award recognizes industry professionals who contribute to the benefit of humanity beyond the responsibilities and expectations of their careers through education, leadership, and support. The award, which was presented at the organization’s annual meeting in Newry Maine, is not given every year.