Buying a waterfront retreat is little more than a dream for many Mainers, but these properties in Brownfield, Otis and Smithfield might make it come true for less than $400K.
affordable housing
Posted inNews
This metric is considered affordable housing’s magic number. It’s also flawed.
Area median income, or AMI, is used to determine who in Maine is eligible for some federal housing programs and even whether housing projects get built.
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Posted inMaine, News, Politics
Which housing bills will, won’t or might become law in Maine this year
State legislators weighed in on changes to funding for affordable housing, mobile home parks, construction costs and modular housing in 2026.
Posted inBusiness, Community, News
Affordable housing developer proposes 10-unit project in Skowhegan
Portland-based Community Housing of Maine says it was drawn to the town in part because of ongoing economic revitalization efforts.
Posted inCommunity
Augusta to get 25 units of supportive housing for chronically homeless people
The City Council approved a financing agreement with the developer of the Riverlands affordable housing development, making possible the construction of 25 units of long-term housing for people experiencing chronic homelessness.
Posted inBusiness, Community, News
Construction starts on Rangeley workforce housing
The development will provide 18 units aimed at full-time residents in a town where short-term rentals rule.
Posted inBusiness, Maine, News
5 takeaways from the new MaineHousing annual report
The report released Wednesday highlighted progress on investments in affordable housing, first-time homeowner loans and efforts to prevent homelessness.
Posted inMaine, News
Maine announces $12M to help fund housing first projects in 3 cities
The projects announced Wednesday would collectively build 92 affordable apartments in Portland, South Portland and Bangor.
Posted inMaine, News
Oakland voters to weigh in on temporary ban on mobile home park lot rent increases
The 90-day moratorium request came after town councilors rejected a request for a 180-day hold.
Posted inMaine, News
‘Buy America’ rule killing Maine affordable housing, developers say
The federal law passed in 2021 but is only now being applied. It’s setting back projects at a time when the state desperately needs more housing.