While Americans continue to struggle under high rents, as many as 223,000 affordable housing units could disappear in the next five years.
affordable housing
Posted inLocal & State, Times Record
Wilbur’s Woods affordable housing project in Brunswick underway after delays
The developer, Maine-based company GreenMars, broke ground on the first stage of the development in early September by clearing some trees.
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Posted inLocal & State, News
What is social housing, and why does a Portland city councilor think it could help solve the housing crisis?
Portland City Councilor Kate Sykes ran with social housing at the center of her platform and has mentioned it for months around City Hall. Now she’s hoping to put together a task force to try to explore getting the program off the ground.
Posted inBusiness, Local & State, News
Two of Maine’s most rural counties need to build more housing more quickly, state says
A report published Tuesday includes targets that each county should hit to meet a statewide goal of adding 84,000 homes by 2030. But it falls short of issuing any mandates.
Posted inBiddeford-Saco-OOB Courier, Kennebunk Post
Housing trust expands to Kennebunk, Arundel
Kennebunkport Heritage Housing Trust announces name change: Neighborhood Housing Trust.
Posted inLocal & State, News
Portland is reassessing all property – again – to stay on top of rising values
The City Council recommended in 2021 that Portland do a reassessment every 5 years because of the rapidly changing housing market. While taxes jumped for many back then, Portland’s assessor says the impact isn’t expected to be as drastic this time.
Posted inBusiness, Local & State, News
Can luxury apartments actually help solve Maine’s housing crisis?
Despite pervasive ‘supply skepticism,’ the evidence suggests the answer is yes: As the number of homes grows in an area, prices tend to fall and lower-cost units get freed up. But advocates say it takes time – and there are many hurdles.
Posted inSouth Portland Sentry
Home-sharing program launches in South Portland
Age Friendly South Portland is getting the word out about a new home-sharing program that can potentially match homeowners who have excess space with those in need of housing. Nesterly is partnering with MaineHousing in a pilot program to help link homeowners and potential tenants. They do background and credit checks on both homeowners and […]
Posted inLocal & State, News
Portland City Council OKs $1 million loan for child care expansion, affordable housing project
Youth and Family Outreach plans to double the number of its child care slots to 110 and build 48 affordable and 12 market-rate apartments. The proposal, which received the council’s unanimous support, also calls for tearing down a 175-year-old chapel.
Posted inPortland Forecaster, The Forecaster
City cuts ribbon on East Deering affordable housing redevelopment
Portland Housing Authority’s 105-unit project replaced 50 public housing units that were built on a landfill in 1971.