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NEW HIRES Prospect-based hemp grower Prospect Farms has announced that Michael Bumgarner has joined as partner and chief strategy officer. Bumgarner joined the team after originally founding CBD skin care products maker Cannuka, which he launched in 2017. Ellen Jordan recently joined Simons & Associates Law of Scarborough as office manager. Jordan, of Yarmouth, brings […]
By Staff The final piece is in place for Szanton Co. to begin work on a 50-apartment project on the site of the former YMCA in downtown Bath. The developed recently received approval of an affordable housing tax credit allocation from MaineHousing that allows Szanton to reserve roughly 70% of the units for those earning $25,000 to $38,000 a year, with rents ranging from $690 to $890 for a one-bedroom unit. The income restrictions and rents are set annually by the Department of Housing and Urban Development, and are based on the area median income. The remaining 30% of the apa...