We're excited to announce we have been awarded a new #NMTC allocation to continue our investments that create #Good Jobs at rural manufacturers across the country. And congratulations to our 101 peer allocatees!!
#RuralMatters
https://t.co/8yK35fmMmF
Congratulations @AppMtnClub on your new transaction to preserve even more of the #Maine Woods for recreation & conservation - we know from experience this will have positive economic benefits as local merchants "feel the AMC in their cash registers."
https://t.co/f1JOONTTea
This day after #LaborDay - we're thinking about how grateful we are to be part of the community of CDFIs helping small and medium-sized businesses build #GoodJobs and increase #JobQuality for their employees.
https://t.co/4gKDKcDgUg
Curious how other practitioners manage #NMTC assets? Join us for the next CCML NMTC Roundtable on Tuesday, Sept 5 at 2PM as we discuss site visits, risk ratings, QALICB financial review, red flags, census data updates and more.
Sign up: https://t.co/ts25Wm63E8
Brett Theodos of the @urbaninstitute recently told @dailyyonder “It is harder to make investments into #rural places. That is why it is good there are groups, like CCML, that really know the rural space and focus on them.”
https://t.co/DePCQEEyyA
#RuralMatters#NMTC
The @CDFIFund just released data on the impact of the #NMTC program, and it's good stuff! As of the FY2021 reporting period, NMTC investments have led to the reported creation or retention of >512,200 construction jobs and >344,000 permanent jobs in businesses financed.
“#Rural communities often have underutilized or non-existent manufacturing facilities that require significant expense. Investors need an incentive, and #NMTC can be the catalyst to bring the capital to these communities.” - CCML CEO Traci Vaine
https://t.co/DePCQEE0J2
To decrease poverty, businesses need to create more than just jobs; they need to create #GoodJobs w/ #LivingWages, benefits and opportunities for advancement - which is why the @CEIMaine Good Jobs Framework is foundational to our investment approach.
https://t.co/DePCQEE0J2
Paying workers low wages is actually very expensive for companies. The costs of high turnover, the costs associated w/ low wages like lost sales, lost productivity, mistakes... What great companies do is redirect those costs into investments in people. - @zeynepton#GoodJobs
We're excited to fund the expansion of @MonogramFoods in Martinsville, Virginia, which will bring an estimated 156 new jobs to the plant - all of which meet the CEI #GoodJobs Framework for wages, benefits and advancement opportunities.
https://t.co/RvJNeorcqm
Did you miss our latest NMTC Roundtable on the State of the Economy and Impacts to Community Investing?
Check out the webinar recording at: https://t.co/sH9A6Q3Xhk
@GrasslandDairy has a track record of creating #GoodJobs and supporting Wisconsin’s legacy of dairy farming. We are proud to make this #NMTC investment to support the continuation of this multi-generational business!
https://t.co/MG7qNxdAle
Mark your calendars to join us for the next CCML NMTC Roundtable on Tuesday, June 6th, 2023 from 2-3 PM ET as we discuss opportunities and challenges in the current economic environment and where NMTCs (and other tools) can make an impact.
https://t.co/ts25Wm63E8
Access to child care is a key barrier to workforce engagement for parents - which is why we are proud to financially support the development of 10 new home-based child care providers in Presidio County, Texas via a #NMTC#CommunityBenefitsAgreement
https://t.co/0mgdIynrTP
Premium Peanut is working to create #GoodJobs in rural Georgia, including building skills in your employees and promoting from within - the kind of career ladders manufacturing companies excel at creating.
https://t.co/N42omOoqEG
#NMTC#ImpInv#RuralMatters@NMTCCoalition
Exciting to see the CEI Family mentioned in the Boston Globe and even more exciting to see CEI's Good Jobs Framework in action - the same framework we use at CEI Capital to ensure that the companies we fund via the #NMTC program are creating #GoodJobs.
https://t.co/s4dvAP9cQv
Mark your calendars to join us for the next CCML #NMTC Roundtable on Tuesday, March 7th, 2023 from 2-3 PM ET
We will be covering proposed TLR updates and community benefits agreements.
Sign up at: https://t.co/ts25Wm63E8
We use Community Benefits Agreements to deepen our impact. We are honored to support the work of the Oasis Free Clinics in providing health care services to those most in need, including immigrants and asylum seekers, with respect and compassion.”
https://t.co/c9vhgx8ft0
CEI Capital NMTC investment @SaddlebackMaine isn't just reviving a local economic engine, it's making it a more environmentally sustainable place:
https://t.co/yjF0WjWFqD
#NMTC
Even at Russell 1000 companies, ~7.6MM workers aren’t earning a #LivingWage for 1-person & ~11.1MM aren’t making a family-sustaining wage. Our investments prioritize creating #GoodJobs w/ living wages in #rural areas because you shouldn't work full time & be poor.
#RuralMatters