$60,000 Student Loan Repayment Program Expands

Alfond Leaders Program Seeking More Applicants for Student Loan Debt Relief Funded by the Harold Alfond Foundation, the Maine program aims to stimulate economic growth in key industries by attracting and retaining STEM graduates and professionals The Harold Alfond Foundation and the Finance Authority of Maine (FAME) opened up and expanded a new application cycle… Learn more »

FAME and MRDA Approve Saddleback Financing

FAME approved leveraged loan insurance of 20% (or $2.5 million) on a $12.5 million loan by Arctaris Impact Investors, LP to Saddleback Community Loan Fund. FAME additionally approved a $1 million FAME Direct loan to Arctaris as part of the financing package, which totals $2.5 million.