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- EIN 82-1645703
- (207) 276-0555
- 6 Old Firehouse Lane Northeast Harbor ME 04662-0000 USA
- www.mountdesert365.org
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Nonprofit Overview
Causes: Economic Development, Urban & Community Economic Development
Mission: Mount desert 365 (the corporation) will engage in activities to preserve and increase the supply of affordable workforce housing for year-round residents of mount desert (the town), and to promote economic revitalization of distressed commercial areas, including areas adversely impacted by the loss of year-round residents. The corporation will aim to increase the supply of affordable housing to year-round residents while ensuring that such housing will stay affordable in the future and therefore remain workforce housing perpetually. The corporation will conduct the program in such a way that the supply of workforce housing remains available to the workforce and cannot be acquired by summer residents for use as seasonal homes. The corporation has not yet determined the exact structure of its activities, but has been exploring options for implementing such a program, including by reviewing programs currently offered by other section 501(c)(3) organizations facing similar issues. The corp
Programs: Commercial revitalization - the corporation engaged in activities to help promote the restoration and revitalization of the town's commercial district. The corporation anticipates that it will acquire and develop commercial properties for rental on affordable terms to businesses that will operate year-round and provide products and services that will serve the year round residential community. Other options for revitalizing the town's commercial district include the provision of loans to small businesses interested in occupying the commercial district, or implementing options similar to those discussed in part iii 4b for providing and preserving affordable workforce housing in order to preserve affordable commercial district space. During 2017, properties were acquired which will be reconditioned for the purposes described.
residential revitalization - the corporation aims to increase the supply of affordable workforce housing to year-round residents while ensuring that such housing will stay affordable in the future and therefore remain workforce housing perpetually. The corporation will conduct the program in such a way that the supply of workforce housing remains available to the workforce and cannot be acquired by summer residents for use as seasonal homes. During 2017, properties were acquired which will be reconditioned for the purposes described.