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Mountain Assoc. for Community Economic Development

Program

MACED's Business Development Program finances projects which have the potential to provide jobs to low-income people but which private banks typically will not finance. Enterprises employ from two to 300 persons in industries ranging from concrete contracting to technically advanced tool and die manufacturing. MACED has lent and leveraged more than $24.7 million, creating more than 2,000 direct jobs.

MACED has demonstrated its ability to conceptualize, plan and carry out major, innovative projects over its 24-year history. Projects have ranged from research into coal companies' commitment to communities to issuing a $43 million mortgage revenue bond issue.

Since 1994, MACED has sharpened its focus on sustainable development. Through the Sustainable Communities Program and the Appalachian Resource & Design Center, MACED works with Appalachian communities to ensure that development is based on all three E's of sustainability: economy, ecology and equity. Sustainable development has become a unifying strategy for MACED's work.

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