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FAME News

FAME’s Director of Education Receives Statewide Education Award

FAME is pleased to announce that Martha Johnston, FAME’s director of education, has been presented with the Candance Johnson Vinette Award by the Maine Association of Student Financial Aid Administrators (MASFAA). The award is given periodically to an individual who has made special contributions of energy, spirit and dedication to increasing access to higher education […]

FAME Announces Billion-Dollar Milestone for College Savings Plan

The Finance Authority of Maine (FAME) announced today that the number of Maine-based NextGen 529® accounts now exceeds 80,000, with more than $1 billion in education savings assets, marking a significant milestone for Maine families planning for education after high school. Those assets include family contributions, Alfond Grants, Maine Matching Grants and investment earnings on […]

FAME Named One of Best Places to Work in Maine for 12th Consecutive Year

The Society for Human Resource Management (SHRM), Best Companies Group and BridgeTower Media have recognized the Finance Authority of Maine (FAME) as one of the 2026 Best Places to Work in Maine. The program honors companies that foster a positive environment that allows employees to thrive. “This is the 12th straight year FAME has been […]

FAME Approves Financing for Ashland Sawmill

At their April 30, 2026 meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to assist with the planned expansion of a sawmill in Ashland. The project is expected to make a significant positive economic impact on the Aroostook and Maine economies. The funds will […]

FAME Approves Financing for Bangor YMCA

At their April 30, 2026, meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to assist with the planned expansion of the Bangor YMCA (the “Bangor Y”). The $57.8 million project is expected to make a significant positive economic impact on the local and regional […]

FAME’s Mila Tappan Chosen to Receive Distinguished Education Award

The Finance Authority of Maine (FAME) is pleased to announce that Mila Tappan, FAME’s Education Affordability Content and Training Manager, has been chosen to receive the 2026 NEOA Claiborne Pell Award. The prestigious distinction was established to “recognize those rare individuals whose pioneering leadership and vision have made an indelible mark on the struggle for […]

FAME Launches New Webpage to Improve Mainers’ Financial Skills

The Finance Authority of Maine (FAME) has launched a new webpage that will make it much easier for adults to take the steps needed to build their financial skills. The page is the latest enhancement to FAME’s free online educational platform. You can find it here at Build Your Financial Wellness.

FAME Welcomes New Director of Business

FAME is excited to welcome Charlotte Mace as the new Director of Business. Mace brings with her vast expertise in helping Maine businesses grow and expand. As Director of Business, Mace oversees FAME’s capital access strategies and tools, which support Maine businesses and the economy.  Prior to joining FAME, Mace served as Director of the […]

FAME Shines Spotlight on Collaboration and Achievement at Showcase Maine

The Finance Authority of Maine (FAME) celebrated the outstanding achievements of business and education partners at its annual Showcase Maine event at the Westin Portland Harborview Hotel on Monday, November 3, 2025.  Showcase Maine is FAME’s signature event, bringing together leaders from Maine’s business, lending, government and higher education communities to honor collaborative success. The […]