Communities for Maine’s Future Bond Program to Aid Downtowns and Village Centers

by Maine Business Press

For Immediate Release: March 2, 2011

Contact: Elaine Scott, Marketing Director
Maine Department of Economic and Community Development
207-624-7485 or (cell) 207-557-2257 [email protected]

Funds to be Available for
Improvement Projects
~Communities for Maine’s Future Bond Program to aid downtowns and village centers~

AUGUSTA, Maine – The Department of Economic and Community Development has announced the availability of $3,500,000 in funding under the Communities for Maine’s Future Bond Program. The funding was approved by Maine voters in June 2010.

“The funds, targeted for downtown or village center community infrastructure projects which promote sustainable development, will be managed by the Office of Community Development in conjunction with a seven-person review panel,” explains Michael Baran, director of the Office of Community Development (OCD).

Eligible applicants are Maine communities which have adopted consistent comprehensive plans, a comprehensive downtown revitalization work plan and have a past history of planned development, historic preservation and downtown improvement. Maximum grant awards are $400,000 and must be matched at a minimum on a dollar-for-dollar basis.

For full details of the Communities for Maine’s Future Bond Program, including a complete program timetable and the proposed rules, or to request a copy of the materials in an alternative format, go to the OCD website at: http://www.maine.gov/decd/meocd/ or contact Michael Baran, Director of the Office of Community Development at 207-624-9816, 1-800-437-1220 (TTY) or [email protected]

A public hearing on the rule-making proposal will be held at 1:00pm on March 16, 2011 at August City Hall, 16 Cony Street Augusta.

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