Community Grant Program
Program Goals
This program is designed to support initiatives that directly benefit low- and moderate-income individuals or impact areas identified as underserved or in need, such as qualified LMI census tracts.
Examples of eligible services may include:
- Public health and safety initiatives
- Educational or workforce development programs
- Financial Literacy programs
- Affordable housing assistance and homelessness prevention services
- Programs supporting community well-being and social inclusion
Qualifying Criteria
To be eligible to apply for the Northeast Bank Municipal Community Grant Program, applicants must meet the following criteria:
- Location: Must be a municipality (such as a town, school district, or utility district) within the state of Maine.
- Target Population: Proposed services must benefit low- and moderate-income individuals or be located in a qualified LMI census tract.
- Matching Funds: Municipalities are required to provide matching funds equal to the amount requested, up to a maximum of $2,500.
- Project Scope: The proposed project should clearly demonstrate a positive impact on the community and align with the program’s objectives of supporting essential services.
- Project Timeline: Projects must be completed within one year of receiving grant approval and will be monitored by Northeast Bank’s Government Banking team.
The final decision to approve a grant application is at the sole discretion of Northeast Bank.
By offering matching grants of up to $2,500, Northeast Bank aims to help municipalities double their impact, ensuring more resources are available to support community-driven services that make a real difference.
The Bank looks forward to receiving funding requests and supporting your community needs. The following are examples of how grant funds could be used:
- Matching municipal funding raised in response to an agency nonprofit request, such as from a local food bank, community action agency, or other service agency.
- Matching funds for local libraries, school food backpack programs, supporting professional development (such as registration costs for government finance officer training) and employee wellness initiatives.
Contact us to learn more or apply.
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Matthew Colpitts Senior Vice President, Dir. of Government Banking 207-514-1712 Send Email | Jason Simcock Senior Vice President, Senior Government Banker 207-514-1609 Send Email |