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Latest Business News


📰BIDDEFORD | OPINION | Tax Increment Financing could be great, if Biddeford used it correctly
By: Jason Litalien, Contributing Writer, Independent Candidate Maine Senate 32 Tax Increment Financing (TIF) is a program from the State that allows us to retain additional tax money received from that district without having to share it with the County or the State. When structured properly, TIFs can be a great tool for redevelopment. Unfortunately, that is where part of the problem begins. Another part of the problem is the Credit Enhancement Agreement, which is a public su
4 hours ago4 min read


📰BIDDEFORD-SACO | Maine Water Proposes Rate Increase
"If the proposed rate increase is approved it could go into effect by May 12, 2027" May 6, 2026, Residents from Saco, Biddeford, and Old Orchard Beach, met this evening at Saco City Hall to testify in front of State of Maine Public Utilities Commissioners and representives from Maine Water, regarding a recent proposed increase of approximately 26% for water bills of residents in the Saco-Biddeford area. L-R: Commissioner Carolyn Gilbert, Comissioner Philip Bartlett Utilities
1 day ago4 min read


📰SACO | Saco & Biddeford Savings Announces Micah Smart as Director of Legal
By Chelsea Miller, SBSI, Contributing Writer May 6, 2026, Saco & Biddeford Savings (SBSI) is pleased to announce that Micah Smart has joined the organization as Senior Vice President and Director of Legal. Micah Smart Smart brings more than a decade of legal experience to SBSI. Most recently, he served as a partner at Murray, Plumb & Murray, where he worked in the firm’s Bankruptcy & Business Reorganization and Litigation practice groups, representing businesses, lenders and
1 day ago2 min read


📰BIDDEFORD | 5-Points Intersection | Council Awards 425k Contract
"...in an effort to involve community members, Stantec will be hosting "public engagement feedback sessions, during the planning process". May 5, 2026, This past February we published a story announcing the City of Biddeford was "accepting proposals for the 5-Points intersection" located in the area of 392 Elm Street. The previous article about the proposal announcment can be viewed here: https://www.biddefordbuzz.com/post/biddeford-city-accepting-proposals-for-5-points-inte
2 days ago2 min read


📰BREAKING | UNE APPEALS DENIED | ZBA sides with City of Biddeford
"My belief is that.... the moratorium was in effect" - ZBA Board Member May 4, 2026, A big win for those who have expressed opposition to the University of New England building a new pier along the Saco River - at tonight's Biddeford Zoning Board of Appeals (ZBA) hearing, the ZBA voted to uphold the City's recent application denials issued to the University of New England pertaining to trees being "cleared" along the waterway, as well as the demolition of a building (Leonard
3 days ago2 min read


📰BIDDEFORD | OPINION | Barra Road Is a Failure of Planning, Not a Success of Growth
By Loren McCready, Contributing Writer April 30, 2026, The development at the end of Barra Road, including the recently announced Thatcher Brook Apartments, is being presented as progress in Biddeford. A closer look shows a pattern of decisions that prioritize speed and private return over long-term planning and public benefit. The financial structure makes that plain. Three separate Tax Increment Financing districts (TIFs) have been established for this area, along with a Cr
Apr 303 min read


📰BIDDEFORD | Interim City Manager Search Begins | Mayor Thanks Dever for Service
“I want to take a moment to thank Truc for her service to the city over these last nine months…. Looking ahead, the city will be engaging an interim city manager and a process from outside the organization... I know, this process will raise a lot of questions, and I want you to know that the council and I are committed and focused on serving the residents of Biddeford and keeping all of you involved. ” - Mayor Liam LaFountain, Biddeford April 28, 2026, This evening, Mayor LaF
Apr 282 min read


📰BIDDEFORD | UNE President Calls for Independent Mediator
April 27, 2026, the following letter was sent this evening to Biddeford Mayor Liam LaFountain from University of New England President Dr. James Herbert. In the letter, Dr. Herbert writes to the Mayor to discuss "current inability of the City leadership and the University to work together constructively." Later in the letter, Herbert reminds LaFountain, "As you know, you are in receipt of correspondence from UNE on April 15 requesting that you agree to an independent mediator
Apr 274 min read
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