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Mascoma Bank invests in Evernorth Fund to support affordable housing development

Evernorth closed Housing New England, Fund VI on March 19, 2025. ​ This fund will provide equity to finance affordable housing in Maine, New Hampshire and Vermont. ​ Sixteen investors committed a total of $64,250,000 in equity making Housing New England, Fund VI (HNE Fund VI) a significant financial resource for the region's critical affordable housing needs. ​ HNE Fund VI's investors include community, regional, and national banks as well as one of the nation's largest mortgage banking organizations.