The Board of Directors and staff of the Finance Authority of Maine (FAME) recently visited Front Street Shipyard in Belfast, a customer that has grown rapidly in recent years. The group later toured other customers at the Midcoast Regional Redevelopment Authority (MRRA) in Brunswick, which is located on the former Brunswick Naval Air Station base…. Learn more »
This year’s entering kindergarten class is special, most have received a $500 Alfond Grant for higher education. So FAME and Alfond Scholarship Foundation started the Invest in ME Kindergarten program which is designed to inspire Maine families to prepare early for future higher education, including saving. Over 50 schools are participating, including 11 school champions around the state. BrightFutureforME.com
67 Maine-based STEM professionals have been named Alfond Leaders and over $2 million of their student loans will qualify for repayment assistance. A new application cycle is now open until November 15, 2018. Interested individuals can learn more and apply at AlfondLeaders.org.
At its August 16 board meeting, the members of the Finance Authority of Maine (FAME) approved a direct loan totaling $495,000 to Forefront Commons I, LLC, to help renovate an historic former rail building as part of a larger construction project at Thompson’s Point in Portland. FAME’s action is expected to help create and retain… Learn more »