In the rural Northern Forest, federal funds from the Bipartisan Infrastructure Investment and Jobs Act present both unique opportunities and challenges for communities hoping to access federal dollars to improve critical infrastructure. Here are some of the highlights and key issues the Center has been tracking as the bill progresses.
Drawing on more than 20 years of working in communities across four rural states, we see actionable, specific opportunities for Biden to make federal policy work for rural places.
100 Katahdin Avenue, a recently renovated 3-unit building in Millinocket, Maine, is a prime example of the Center’s impact investment fund and work. It is providing quality, affordable housing for people seeking to create community and providing investors up to 2% returns.
With the impending infusion of federal stimulus funds, we can position the rural economy for long-term prosperity and resilience and help the region’s communities reach their potential. To succeed, we need do more than funnel money through the same old channels.
At the Northern Forest Center, we pay special attention to news and studies about the role forests and forest products play in mitigating climate change – and to media stories that mischaracterize the carbon impact of using wood in our context.