Mayor Sharetta Smith announced today that $25 million in the Arctaris-Lima Opportunity Zone Fund Initiative is soon becoming available for economic investment in downtown Lima. The city is one of
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Rangeley, Maine (Feb 23, 2021) – With lift access above 4,000’, a vertical drop of 2,000’, the highest base elevation and most natural snowfall in the state of Maine, and the advanced terrain of the Kennebago Steeps, Saddleback has always been an impressive ski mountain. The story of Saddleback however, is much more than the story of impressive numbers or stats on paper. It’s the story of a family of down-to-earth and up-for-anything skiers and riders, who truly believe life is better outside, supported by a community committed to the future.
Saddleback is exceptionally pleased to announce that we will be joining the Indy Pass for the remainder of this spring, to offer more ways to visit our mountain AND for the ’21/’22 season. The Indy Pass is a multi-resort season pass which will now feature 63 independent ski resorts throughout the country. These resorts are committed to providing the best value and experience in skiing & riding, through a p
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Arctaris Impact Investors, LLC (“Arctaris”) announced new Opportunity Zone investments in broadband infrastructure that will provide affordable, high-speed internet access to multiple low-income communities throughout Colorado and Maine.
The project funding in both states will include an estimated $60 million of equity investment from the Arctaris Opportunity Zone Fund, combined with guaranty agreements from The Colorado Health Foundation and the Finance Authority of Maine, which provide a principal-protection cushion equal to 20% of each investment.
“The Colorado and Maine programs show how foundations, government agencies and Opportunity Zone funds can team together to expand broadband access to low-income families and businesses located in some of the nation’s most challenging environments,” said Jonathan Tower, managing partner of Arctaris, a Boston-based impact investment firm founded in 20