Mountain Assoc. for Community Economic Development
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
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.