The need for an additional, responsive tool for securing working waterfronts has led Island Institute to partner with Representative Morgan Rielly of Westbrook on legislation that will enable land trusts to have the option of holding working waterfront covenants. Land trusts provide a vehicle for private sector partners to work together to mobilize additional funding sources and act more nimbly. This is particularly important in urgent, emergency sale situations where multiple parties must move quickly to put together the funding and structure and close the deal.
NOAA ’bout it! Federal funding that supports Maine’s coast is at risk. Speak up to show policymakers these critical investments matter. Learn more and share your voice now!
