WASHINGTON, DC -- Today, Representative Mike Michaud praised the Northern Border Regional Commission (NBRC) announcement that it has awarded grants to Dover-Foxcroft and Jackman for economic development projects. Michaud authored the legislation that created the NBRC, which is charged with addressing the community and economic development needs of distressed portions of Maine, New Hampshire, Vermont and Upstate New York.
"This funding will have a positive impact on job growth in Maine and help spur additional economic development and investment in these communities," said Michaud.
Details on the funding announced today can be found below:
$200,000 -- Town of Dover-Foxcroft
The total project cost is $587,500. The project will refurbish the 185 KW hydroelectric plant at the former Mayo Mill in downtown Dover-Foxcroft as a part of the Riverfront Redevelopment Project. The hydro project is a key component of the overall redevelopment of the Mayo Mill complex, which will convert a 1908 woolen mill into a 12-suite commercial plaza focused on attracting entrepreneurs, tech development, renewable energy and business development tenants. The second and third floors will be converted into rental apartments. The adjoining 1883 Mayo Mill building will house a restaurant and an information technology data center. The project already has commitments from eight businesses that intend to employ 82 people.
$68,065 -- Town of Jackman
The total project cost is $1,361,300. The Town of Jackman will expand the apron and hangar infrastructure at its Newton Field Airport. The proposed development will create paved taxi lanes to a new 6-unit T-hangar, provide a prepared site for a future 60' X 60' box hangar, and install electrical and storm water infrastructure. It is anticipated that new jobs will be created in the airframe and power plant mechanical field, and aviation-related disciplines.