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Archive for July, 2019

Finance Authority of Maine Agrees to Partner With Arctaris Impact to Help Attract Opportunity Zone Capital to Local Investments

July 10, 2020 The Finance Authority of Maine (FAME) has agreed in principle to provide up to $10 million in guarantees to Arctaris under its commercial loan insurance program to support Opportunity Zone investments in Maine. This agreement is expected to anchor $50 million of matching investments from Arctaris into economic and community development projects in Maine by providing additional security for opportunity zone qualified investments made by the Arctaris Principal-Protected Opportunity Zone Fund, LP. Click the linked title to read more about this exciting new partership.