The new Avesta Housing program is meant to help moderate-income families that are ‘often overlooked’ afford their first home.
affordable housing
Posted inBusiness, Local & State, News
MaineHousing awards nearly $13 million in tax credits to affordable housing projects
The seven projects include 141 units for older adults in Bath, Portland and Windham, and 179 units for families in Portland, Biddeford and Mexico.
advertisement
Posted inLocal & State, News
Eviction relief program is keeping Maine families housed, but high demand depletes funding
More than 1,500 are queued up, hoping to receive up to $800 a month in rent relief and a one-time payment to catch up on back rent.
Posted inLocal & State, Morning Sentinel
Waterville offers applications for grants, loans for affordable housing
The city on Wednesday launched an effort to help nonprofit groups improve housing stock in Waterville, support home ownership and strengthen neighborhoods by offering grants and loans totaling $475,000.
Posted inKennebec Journal, Local & State, News, Uncategorized
Developer chosen to turn former Augusta police station site into affordable housing
Developers Collaborative proposal to create around 100 units of affordable housing would include a mix of senior and family housing, and may include child care.
Posted inBusiness, Local & State, News
Statewide eviction prevention program to begin taking applications Monday
The program, funded with an $18 million allotment from the state, will provide a two-fold approach to rent relief: offering tenants one-time assistance paying back-rent, plus monthly rent subsidies for one year.
Posted inNation & World
As affordable housing disappears, states scramble to shore up the losses
While Americans continue to struggle under high rents, as many as 223,000 affordable housing units could disappear in the next five years.
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 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 inBusiness, Election 2024, Nation & World, News, Politics
Housing’s worst crisis in decades reverberates through 2024 race
At stake in the next two months are the votes of frustrated homebuyers and renters in battleground states.