FAME News

Notice of Public Hearing- UNE.

NOTICE OF PUBLIC HEARING Notice is hereby given in accordance with Section 147(f) of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated with respect thereto (collectively the “Code”) and 10 MRSA §1043, that the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:00 a.m., Eastern Time, […]

Notice of Public Hearing

NOTICE OF PUBLIC HEARING Pursuant to Title 10, §1043 of the Maine Revised Statutes and 26 USCA §147(f), the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:00 a.m. on April 28, 2025, at 5 Community Drive, Augusta, Maine on an application for a Certificate of Approval for issuance of Revenue […]

FAME Approves Financing For EME Biofuels, LLC

AUGUSTA — At their March 20, 2025 meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to benefit EME Biofuels, LLC., a subsidiary of Castlerock Biofuels, LLC. The company plans to operate a renewable fuel oil facility at One North, the industrial park located at the former Great Northern Paper mill site in Millinocket. FAME also approved tax-exempt bond financing up to $160 million for the project.

FAME Launches Design Your Dream Money Contest to Celebrate Financial Literacy Month

April 1, 2025 – Augusta – Maine has room for growth when it comes to K-12 financial education. Currently, only 15.2% of Maine high school students are required to complete a personal finance course prior to graduation. As a result, many students leave high school unable to successfully manage their money and make informed financial decisions, impacting their ability to pursue training and education after high school. To help raise awareness of the importance of teaching financial skills as early as elementary school, the Finance Authority of Maine (FAME) has launched it’s first-ever Design Your Dream Money Contest.

Maine Student Loan Bond 2025 Notice of TEFRA Hearing

Notice of Public Hearing NOTICE OF PUBLIC HEARING AND OPPORTUNITY TO BE HEARD REGARDING A PLAN OF FINANCE FOR PROPOSED TAX‑EXEMPT BOND ISSUANCES BY THE FINANCE AUTHORITY OF MAINE TO FINANCE ELIGIBLE STUDENT LOANS. The Finance Authority of Maine (the “Authority”) proposes to issue up to $50,000,000.00 in aggregate principal amount of its Student Loan […]

FAME Education Loan and Loan Repayment Program Applications Open for 2025 

Applications are now being accepted for state education loan and loan repayment programs administered by the Finance Authority of Maine (FAME).  FAME helps to create the workforce of the future by increasing the number of Maine residents with credentials of value. We do so in a variety of ways, including by providing various student financial […]

FAME’s “Invest in ME Reads” Program Marks Five Years of Empowering Families with Financial Education

FAME is celebrating the fifth anniversary of its Invest in ME Reads Program, which will impact 84,000 students in over 300 schools across Maine by providing free books and financial wellness resources. To kick off the anniversary celebration, FAME hosted a special event for second graders at Sylvio J. Gilbert Elementary School in Augusta on January 28th, bringing together well-known Portland Sea Dogs Director of Broadcasting Emma Tiedemann and Portland Sea Dogs mascot, Slugger.

EME Biofuel Bond Public Hearing

NOTICE OF PUBLIC HEARING Pursuant to Title 10, §1043 of the Maine Revised Statutes and 26 USCA §147(f), the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:30 AM on December 4, 2024, at 5 Community Drive, Augusta, Maine on an application for a Certificate of Approval for issuance of Revenue […]

Fame Approves Financing for Vertical Harvest, L3C

AUGUSTA — At their October 17, 2024 meeting held in Bangor, the board of directors of the Finance Authority of Maine (FAME) approved financing for Vertical Harvest, L3C, a company planning to operate a vertical hydroponic greenhouse in downtown Westbrook.  FAME approved a $500,000 FAME Direct Loan to help finalize the construction of the company’s nearly complete facility in […]

Casella Waste Systems- Notice of Intent

Notice is hereby given that the Finance Authority of Maine (FAME) intends to issue Revenue Obligation Securities (the “Securities”) pursuant to the Finance Authority of Maine Act (Chapter 110 of Title 10 of the Maine Revised Statutes, as amended) and has issued its Certificate of Approval for the Project to be financed with proceeds of […]