As the state tries to increase the supply of affordable housing, investors are jacking up the rents in existing affordable apartments.
affordable housing
Posted inEditorials, Opinion
Our View: Affordable housing shortage as destructive as wildfire
Out of control rents are attracting speculative investors who want to raise them even higher.
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Posted inLocal & State, Morning Sentinel
Waterville council reconsiders rezoning for Highwood Street apartment proposal, takes first vote to approve
The City Council on Tuesday gave its initial consent to rezoning 8 Highwood St. so apartments can be developed for housing the most vulnerable people in Waterville. Three councilors who earlier rejected the plan this time voted in favor.
Posted inOp-Eds, Opinion
Commentary: State bill to federalize local zoning is the wrong way to create Maine housing
L.D. 2003 would change the face of Maine towns forever while saddling all municipalities with increased service burdens and lawsuit expenses.
Posted inLocal & State, Uncategorized
Maine House passes bill to boost state’s housing supply
Speaker Ryan Fecteau hails the bill as a ‘huge step’ toward meeting the state’s housing needs even though it has been scaled back to address concerns over local control of land use.
Posted inOp-Eds, Opinion
Commentary: There’s a bipartisan understanding that we need to act to solve Maine’s housing crisis
L.D. 2003 can satisfy those who advocate for affordable housing and those who support private property rights, say Speaker Ryan Fecteau and Rep. Amy Arata.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Stable housing for every Mainer is the way life should be
Bills in the Legislature will attack Maine’s housing crisis from several angles: zoning reform, building more affordable housing and funding more vouchers.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Confronting the housing shortage, the economic challenge of our time
The Portland Regional Chamber and Maine Equal Justice are united in support of L.D. 2003, which can help ensure more Mainers have safe, affordable places to live.
Posted inBusiness, Local & State
Senate approves college debt relief for first-time homebuyers
Many could have up to $40,000 in student loan debt forgiven through a Maine State Housing Authority program.
Posted inBusiness, Nation & World, News
U.S. rent inflation hits new high, led by Miami with 39% rate
Single-family rental prices jumped 12.6% from a year earlier, according to the latest CoreLogic Single-Family Rent Index.