Franklin, NH Franklin Savings Bank is currently accepting applications for its Fund for Community Advancement. All grant applications must be postmarked by May 30th for consideration and can be mailed, hand delivered to any branch location, or emailed to mybanker@fsbnh.bank. Since 1997, the bank has awarded over $942,000 in grants to projects that have enhanced the lives of people in the communities it serves.
Eligible organizations must be recognized as tax exempt under section 501(c)(3) of the Internal Revenue Code, or be a school, municipality or other subdivision of government.
Areas of support include, but are not limited to, affordable housing, education, health care, social services, arts and humanities, human services, along with programs or services addressing the needs of children, adolescents, elders, and single-parent families. In addition, priority consideration will be given to programs and services that address the needs of low to moderate income families and individuals.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.