Tad Atwell, Mascoma Bank Senior Vice President, serves as the Chief Operating Officer for Mascoma Community Development.
With more than 25 years of experience in financial services, Tad has developed expertise in financing projects that utilize key federal tax credit programs including New Markets Tax Credits (NMTC), Historic Tax Credits (HTC), and Low-Income Housing Tax Credits (LIHTC). In particular, since 2008 Tad has closed over $500 million in NMTC-enhanced transactions, which leveraged over $1 billion in public and private capital. Common themes among the forgoing projects were the high-quality job creation and overall positive impacts to the underlying low-income communities.
He has structured and closed complex, multi-party, middle market financial transactions, consisting of debt and equity emanating from both private and public sources. Tad has enhanced the expertise of the Mascoma Community Development team with his specific knowledge of tax credit financing vehicles and experience gained from past transactions including commercial real estate, renewable energy, forest industry/products, and agriculture/dairy processing.
Tad is a member of the Northern New England Housing Investment Fund (EverNorth) Maine Investment Committee for LIHTC transactions. Prior to joining Mascoma Bank in 2021, Tad served as a member of the Advisory Board for Mascoma Bank’s CDE (MCD).
Tad earned both his bachelor’s degree and MBA from the University of Maine (Orono) and enjoys spending time with his daughter, running, hiking, and mountain biking.
