$2.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Low-interest loans and loan guarantees for businesses investing in Maine's 32 federally designated Opportunity Zones. FAME partners with the federal OZ program to provide matching capital for commercial real estate, business expansion, and equipment projects.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must be in a Maine Opportunity Zone
2.Loan amounts: $100,000–$2 million
3.Interest rate: below-market (typically prime minus 1%)
4.Must create or retain jobs for low-income Maine residents
5.Personal or corporate guarantee required
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).