The $15 million package would create an estimated 200 new affordable housing units, with $500,000 earmarked for home repairs for low-income seniors.
housing
Maine Voices: Get to ‘yes’ for Maine’s future, despite disagreements
How we deal with differences is just as important as what they are.
Portland looks to make workforce housing more affordable
But the demand for the three units put on the market has been so weak that the city is adjusting the program.
Registration is slow under South Portland’s new short-term rental rules
Only one property was registered, inspected and licensed in the first two weeks – a single-family waterfront home near Willard Beach offering hosted stays overlooking Casco Bay.
Maine home-buying compromised as federal shutdown enters Day 21
Closures of government agencies are starting to affect the part of the housing market that depends on federally backed loans, making buyers, sellers, renters and brokers wary.
Mills to authorize sale of long-stalled senior housing bonds
Approved by 69 percent of voters three years ago, the $15 million in bonds to help finance construction of affordable senior housing units had been held up by Gov. Paul LePage.
Job growth expected to slow in 2019, economists say
While 2018 was a year of surprising job growth, there are warning signs of a slowdown in housing to manufacturing and projected weakening in U.S. and global growth.
Tiny percentage of millennials plan to buy a home in 2019
A survey finds that affordability is the biggest obstacle for their purchase.
Rwandan woman finds home in Maine with loan for asylum seekers
A new program offers zero-interest loans to asylum seekers who need security deposits to get homes of their own.
Nine housing projects in Maine receive federal aid
The $15.3 million in grants and loans are earmarked for affordable housing.