CEI and its wholly-owned subsidiaries manage and invest capital raised from private foundations, financial institutions and public entities who have embraced CEI’s holistic community development finance strategies and their financial, social and environmental returns.
Loans: Loans to CEI pooled with other funds for targeted relending to small businesses, social services and affordable housing projects. Earnings above costs support the fund.
Donations: A gift to CEI to support sustainable economic development initiatives. CEI is a 501(c)(3) charitable corporation, and donations are tax-deductible to the full extent permitted by federal law. Donate to CEI now.
Investments: CEI currently manages socially responsible venture capital and loan funds.
New Markets Tax Credit: A federal income tax credit of up to 39% over 7 years is available for qualifying investments in targeted areas. Other state/federal tax credits may be available.
Tax Credit for IDA: Maine taxpayers are eligible for tax credits for contributions to Individual Development Account program (matched savings for low-income families).