Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 32 designated Opportunity Zones with in Maine, including in the cities of Lincoln, Bangor, and Brunswick.
Learn more about financing your Opportunity Zone project in Maine with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Maine with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Maine. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Maine and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Maine such as Bangor Metropolitan Statistical Area and Lewiston-Auburn Metropolitan Statistical Area.
Visit our Opportunity Zone development guide to learn about developing Qualified Opportunity Zone property and to discover how OZone Financing Solutions can benefit your project in Maine.
We will work with you to simplify the Opportunity Zone process in Maine.
To successfully secure Opportunity Zone equity investment, you may need to use multiple types of capital in the final capital stack for your project. You’ll also need to establish a Qualified Opportunity Fund and market your Opportunity Zone project. OZone Financing Solutions can provide you with a turnkey, one-stop-shop solution to simplify the process.OZone Financing provides best-in-class quality, speed, and coordination for project structuring and legal documentation as well as a full marketing and fundraising package.
What areas in Maine qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Maine.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Maine you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Maine and its economic climate are vibrant.
Maine is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Cadillac Mountain and Augusta, attract tourists to the area, and University of Maine and Husson University draw students from across the United States and around the world. Additionally, Maine has embraced Opportunity Zones as a great source of potential growth for the U.S. economy and for low-income communities. Opportunity Zones provide strong returns for investors while providing communities with much-needed development capital and jobs. Maine has a GDP of $61.40 billion, which ranks 45th in the United States.
The State of Maine covers an area of 35,385 square miles, including 10 major cities,with a total population of 1,338,404 and 32 Opportunity Zones. It is the 38th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Maine had a population of approximately 1,066,000 over the age of 16. Of this, approximately 697,000 people are in the labor force of Maine, with 642,000 who are employed and 55,000 unemployed. Unemployment statistics for the State of Maine in 2015 show average unemployment at 4.4%. Monthly unemployment rates in Maine were 4.0% in October 2015, 4.0% in November 2015, and 4.0% in December 2015.
Our EB5AN State of Maine regional center offers a unique alternative source of capital.
Our EB5AN State of Maine EB-5 regional center covers Opportunity Zones in Cumberland and Penobscot counties, which create a unique opportunity to further incentivize investors and diversify your project’s sources of capital. Through the EB-5 Program, qualified foreign investors can invest in a USCIS-approved EB-5 regional center projects to gain permanent resident status in the United States. Our EB5AN State of Maine regional center offers geographic coverage of Lincoln, Bangor, and Brunswick, including the areas of South Lincoln, Mount Hope Estates, and Harding. The Bangor metropolitan statistical area can be found in Penobscot County, Maine.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Maine’s large population, becoming a Qualified Opportunity Zone business would create measurable benefits in your community. You would stimulate the local economy, there by reducing the number of unemployed people in Maine.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Maine.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.