Introducing Katahdin Corridor Revitalization Bonds
Our Katahdin Investments is proud to announce the launch of Katahdin Corridor Revitalization Bonds. Bonds are available to everyone, have a minimum investment amount of $100 and will be paid back on a schedule of 5, 10 or 15 years. All funds will be directly invested in the revitalization of the Katahdin Downtown Corridor.
Our current project is the restoration of 230 Penobscot Avenue, a building recently purchased by Our Katahdin from the Town of Millinocket.
Our Katahdin Investments has established a Property Fund that seeks to provide long-term capital to revitalize real estate in the Katahdin region either through acquisition and redevelopment or by lending to other developers or business owners in the region. We believe this is the first step in attracting businesses operated by entrepreneurs located in the Katahdin region of Northern Maine. The Fund will be a crowdsourced investment fund that provides the necessary capital to acquire commercial real estate to support the development or growth of the region.
Our Katahdin Investments Mission
The mission of Our Katahdin Investments is to deliver innovative crowdsourced financial products that will attract long-term capital to the region to support its economic revitalization.
About Our Katahdin
Our Katahdin is a volunteer driven nonprofit organization working to promote community and economic development in the Katahdin region. The core of Our Katahdin is a website for people who love the Katahdin region and believe in its future. Our Katahdin is a connector -- pulling together ideas, people and money to move our community forward.
Our Katahdin's work is focused in three areas: community development, entrepreneur development, and industry development.