Augusta, ME, November 24, 2020 The Finance Authority of Maine has approved state new markets tax credit financing for Arctaris Saddleback Co. LLC, the owner and operator of the Saddleback Ski Resort in Rangeley. “FAME is pleased to help with additional financing for this important project, which will help Saddleback pay for the costs of equipment and construction associated with reopening and operating this season,” Dave Daigler, FAME’s board chair, said in the release. “We are happy to help restart this beloved Maine ski mountain and to help stimulate year-round economic development in Rangeley and western Maine.
Date
Related News
Arctaris Leads $30M Opportunity Zone Investment to Transform...
Arctaris is pleased to announce an equity investment in a $30 million opportunity zone hotel-to-residential conversion opportunity in downtown Baltim...
Opportunity Zones Are a Big Success. Let’s Make Them Bigge...
Opportunity Zones have already invested over $100 billion in struggling communities, creating vibrant urban areas and new job opportunities. Now is t...
Saddleback Mountain Annual Impact Report: Investing in Jobs,...
Saddleback Mountain and Arctaris Impact Investors have just released Saddleback's first Impact Report, and the results are impressive – on par with...