How We Invest

Reviving historic properties to meet current needs.

Maine’s historic mills and downtowns are our economic engines, where past and present intersect.

We focus our investments on projects that maintain key community features while providing needed services, social and cultural opportunities, and places to work and live.

Historic Preservation also has significant environmental benefits: by reusing and building upon existing structures, we decrease the carbon output tied to making and transporting new materials and reduce waste, retaining embodied carbon, while upgrading the functionality and efficiency of the buildings.


Examples of our State Historic Tax Credit Investments

image of Stevens School, Hallowell

Stevens School, Hallowell

“On an eastern facing hill above Hallowell’s downtown, the Maine Industrial School for Girls was established by State officials as a place where…”

image of The Press Hotel

The Press Hotel

“The Portland Jobs Alliance, a city-wide workforce collaborative launched in September 2014 and led by Coastal Enterprises, Inc. (CEI), partnered with The Press…”

image of Lofts at Saco Falls (Saco-Lowell Shops), Biddeford

Lofts at Saco Falls (Saco-Lowell Shops), Biddeford

“The 20th century saw a huge shift in textile manufacturing from New England to the American South, and ultimately overseas. This seismic change…”

image of 46 Lisbon Street, Lewiston

46 Lisbon Street, Lewiston

“The building at 46 Lisbon Street has been an iconic presence in downtown Lewiston since 1895. Best known as the home of Grant’s…”

image of The Francis Hotel, Portland

The Francis Hotel, Portland

“The Mellen E. Bolster House on Congress Street in Portland was designed by Francis Fassett in 1881 and built as a single-family residence…”

image of Schlotterbeck & Foss Building, Portland

Schlotterbeck & Foss Building, Portland

“The Schlotterbeck & Foss Company was first incorporated in February 1892 as a premiere food and pharmaceuticals manufacturing facility in downtown Portland. The…”

image of Plummer School, Falmouth

Plummer School, Falmouth

“The Plummer School has stood as a landmark in the town of Falmouth since its construction in the early 1930s. The impressive two-and-a-half…”

image of Huse Memorial School Apartments

Huse Memorial School Apartments

“Originally built in 1942, the preservation and reuse of the former John E.L. Huse Memorial School building in Bath will provide 59 units…”

image of Mayo Mill

Mayo Mill

“Built in 1844 on the banks of the Piscataquis River in the heart of Dover-Foxcroft, Maine, the Mayo Mill was occupied by companies…”