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V O L . X X V I I I N O. X M AY 1 6 , 2 0 2 2 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Chaya Studio Jewelry at the Hidden Gem opened at 90 Saco Falls Way, Suite 201, in Biddeford. Maine Medical Center in Portland received $2.2 million from the Federal Emergency Management Agency to support continued efforts to combat COVID-19. The funding will be utilized to provide additional contract tracing, testing and proac- tive screening services for employ- ees of the hospital. Maine Coast Heritage Trust launched a program to raise $2 million to sup- port Aldermere Farm and $500,000 for Erickson Fields in Rockport. In all, with an endowment of $500,000, the Topsham-based nonprofit plans to raise $3 million by Dec. 31. Biogen Inc., a biotechnology company in Cambridge, Mass., and MedRhythms, a digital health therapeutics company in Portland, announced a license agreement to develop and commercialize MR- 004, an investigational prescription digital therapeutic for the potential treatment of gait deficits in mul- tiple sclerosis. Lewiston housing moves forward A Lewiston organization led by residents broke ground for two new buildings that will create 18 units of affordable housing. e development is a partner- ship between Raise-Op, a resi- dential housing cooperative, and Evernorth, a regional syndicator of affordable housing, with financ- ing from MaineHousing. Lewiston Housing will provide property management services, and the Raise-Op staff will provide the resident services. e vacant lots at 198 Blake St. and 84 Walnut St. will become one-, two-, and four- bedroom apartments, and will be available to rent for families who earn 60% or less of the area median income. Raise-Op, founded in 2008, acquired the lots in 2018 with financing support from Community Concepts and a grant from Healthy Neighborhoods, which installed community artwork and facilities to make a small dog park. C R E D I T S & D E B I T S $20M program launched to expand affordable rental housing in rural Maine — Filling a crucial need Pennsylvania developer plans to build $25M apartment complex in Auburn — Auburn has actively sought out housing development Bowdoin plans on investing $100M to 'decarbonize' by 2042 — Looking to the next generation Mills is Maine's latest public official to test positive for COVID-19 — By now, the virus has spared very few people Federal disaster declaration allocates $7M for Maine herring industry — A Maine fishery gets a boost, though the future seems cloudy Commentary: Can businesses weather the storm of inflation? — Inflation is just one of several potential challenges ahead F I L E P H O T O C E N T R A L & W E S T E R N

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