Justin Chenette
  • Bio
  • Commissioner
  • State Govt
  • Projects
    • Speaker
    • Author
    • Consulting Firm
    • Age Friendly Saco
    • Southern Maine Planning & Development Commission
  • Scholarships
  • News
  • Contact

Chenette bill to revitalize downtowns earns initial Senate approval

6/1/2017

0 Comments

 
AUGUSTA — The Maine Senate on Wednesday voted 18-16 to give preliminary approval to LD 1343, a bill that would encourage revitalization of Maine downtowns by establishing a forgivable loan for startup businesses to create jobs.

The bill “An Act To Promote Downtown Revitalization by Creating the Locating Businesses Downtown Loan Program,” is sponsored by Sen. Justin Chenette, D-Saco.
​The Communities For Maine’s Future Program, or CMF is part of a $25 million bond approved by voters in 2010, and provides competitive grants to municipalities for community development projects. Sen. Chenette’s bill creates the Locating Business Downtown Loan Program within the CMF, designed to provide forgivable loans to businesses looking relocate to a downtown area, village area or along a main street.

“This bill is Economic Development 101: Create the right conditions and the right incentives and businesses will come,” said Sen. Chenette. “Revitalization of our downtowns — the walkable, denser parts of our towns and cities — is an integral part of sustaining a community that will be inviting and welcoming to families and businesses for generations. We’ve seen this work pay huge dividends just in our region, but it’s happening all over Maine. From Biddeford to Bangor, people are stepping up for downtowns that bring people together.”

The bill has earned the support of Growsmart Maine and the Maine Association of Realtors.

LD 1343 faces further votes in the House and Senate.
0 Comments



Leave a Reply.

    Latest Updates


    Archives

    July 2022
    June 2022
    March 2022
    September 2021
    July 2021
    May 2021
    January 2021
    August 2020
    May 2020
    March 2020
    January 2020
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    April 2016
    March 2016
    January 2016
    December 2015
    October 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    October 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012

    Categories

    All

    RSS Feed

    RSS Feed

Picture
Email:
justinchenette@gmail.com
Paid for & Authorized by Justin Chenette
  • Bio
  • Commissioner
  • State Govt
  • Projects
    • Speaker
    • Author
    • Consulting Firm
    • Age Friendly Saco
    • Southern Maine Planning & Development Commission
  • Scholarships
  • News
  • Contact