The Iron Heights development is the latest in a string of affordable housing projects spearheaded by Mastway Development’s Matt Morrill.
affordable housing
Posted inBusiness, Local & State, News
Maine lawmakers consider raising taxes on home sales over $1M
A bill would increase the real estate transfer tax on some of the state’s most expensive properties to fund affordable housing initiatives. But it would also give some tax relief to first-time home buyers.
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Posted inBusiness, Local & State, News
Mobile homeowners back bill to help them fight sales to investors
Maine lawmakers are weighing several bills designed to protect mobile homeowners, including one that would give residents the right of first refusal if their park comes up for sale.
Posted inLocal & State, Morning Sentinel, News
Commissioners get early view of housing expansion in Waterville
When allocating nearly $24 million in federal American Rescue Plan Act funds, the Kennebec County commissioners included affordable housing in Kennebec County, including Manor Gardens.
Posted inBusiness, Local & State
Maine mobile home owners are pushing back against private investors
Residents are buying their parks and proposing rent control ordinances to fend off cost increases that have been introduced after parks have sold to capital equity firms.
Posted inBusiness, Local & State
What 4 Maine mobile home residents say about park ownership
Residents of four mobile home parks share how they fought private investors — with varying degrees of success.
Posted inBusiness, Local & State, Morning Sentinel, News
Waterville building razed to make way for apartment complex
A building at 60 Front St. is the first of several to be demolished as part of Head of Falls Village.
Posted inBusiness, Local & State, News
Affordable housing stock expected to increase in Maine, but high costs are still straining owners, renters
Rising homeownership costs and burdensome rents cloud a housing picture characterized by stable economic growth, MaineHousing says in its annual summary.
Posted inBusiness, Local & State, News
Why the dream of a starter home in Maine is slipping out of reach
Young people can’t find or afford houses in their communities. Families can’t move out of places they’ve outgrown. The cycle is stuck. Can it be fixed?
Posted inBusiness, Local & State, News
Maine needs more housing, fast. Two companies are turning to the assembly line.
Built in a factory, modular homes and apartments can go up quickly. Can new designs change some of the stigma?