FAME approves financing for Bangor YMCA

FAME approves financing for Bangor YMCA

AUGUSTA — At the April 30 meeting, the board of directors of the Finance Authority of Maine 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 economy. The project will transform a vacant stretch of downtown Bangor into a vibrant, mixed-use community hub. The Bangor …