The state’s ongoing housing crisis wasn’t caused by one thing, but it has put homeownership out of reach for an entire generation and created ripple effects on the broader economy.
affordable housing
Posted inBusiness, News
Price of typical Maine home climbs above $400,000 for first time
‘It was only a matter of time before (Maine) crossed the threshold,’ said Paul McKee, president of the Maine Association of Realtors.
advertisement
Posted inBusiness, Local & State, News
State distributes $3 million to boost sales of Maine-made goods
Forty-six Maine companies received a share of the grant funding as part of the Maine Jobs and Recovery Plan.
Posted inLocal & State, Morning Sentinel, News
Waterville Area Habitat for Humanity building house in Oakland for veteran, 2 kids
About a dozen employees from Huhtamaki were volunteering Wednesday to help frame up the structure.
Posted inBusiness, Nation & World, New England
On wealthy Martha’s Vineyard, costly housing is forcing workers out and threatening public safety
A new report lays out in stark terms just how many low- and middle-income folks are being forced to move away from Martha’s Vineyard as its popularity with wealthy vacationers soars.
Posted inLocal & State, Morning Sentinel, News
Waterville workforce housing project secures federal housing assistance grant
The money, which comes from Community Development Block Grant funds, will help pay the costs of converting the historic building downtown at 165 Main St. into 18 workforce housing units.
Posted inBusiness, Local & State
Experts urge developers to think small for solution to Maine’s housing crisis
The Maine Real Estate & Development Association’s annual spring gathering focused on creative ways to approach housing development by utilizing small lots, historic tax credits and the transformation of Portland’s zoning regulations.
Posted inLocal & State, Politics
In a historic legislative session, some big reforms for Maine still fell short
Some approved legislation still awaits action by the governor, and lawmakers will return for at least one more day to address vetoes.
Posted inBusiness, Local & State, News, Politics
New rent relief program to offer struggling Mainers up to $800 a month
The $18 million pilot initiative is meant to curb evictions. About 2,400 people and families will qualify.
Posted inTimes Record
Young waterfront workers struggle amid rising home prices in Harpswell
While historic cottages that residents’ grandparents built continue to be replaced by summer homes, many young community members are forced to move out of town or in with family members.