High construction costs, a disparity between wage growth and home prices, and a competitive market are all impeding the state’s efforts to soften the housing crisis.
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Posted inLocal & State, News
State recommends major changes for Maine’s mobile home parks
A report from the governor’s office suggesting changes to financing, construction and oversight of manufactured housing communities could serve as a roadmap for legislators in the upcoming session.
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Posted inLocal & State, News
Feds rescind grant changes, but uncertainty lingers for Maine supportive housing programs
More than 1,000 disabled Mainers, including 70 in central Maine, could lose their housing if emergency relief is not provided by Jan. 1.
Posted inBusiness, Local & State, News
Is Maine meeting its housing production goals? The state doesn’t know yet.
A 2023 report that identified the need for 84,000 homes by 2030 laid out specific county-by-county production goals, but officials won’t have data until the spring.
Posted inLocal & State, News
Federal grant changes could strip housing support from dozens in central Maine
About 70 people in Kennebec and Somerset counties benefit from Permanent Supportive Housing Program vouchers, which fund shelter and supportive services for people with disabilities.
Posted inLocal & State, News
How local housing authorities in Maine are shaping new development
Some communities are looking to recent projects in Bath as an example of how to address the affordable housing crisis.
Posted inBusiness, Fact Brief, Local & State, News
Will Maine need roughly 84,000 more housing units by 2030? | Fact brief
The oft-cited statistic comes from a study conducted on behalf of the Maine State Housing Authority in 2023.
Posted inBusiness, Local & State, News
MaineHousing announces more than 300 affordable apartments for older adults, families
The agency has now financed more than 1,000 units in the last 12 months.
Posted inBusiness, Local & State, News
Maine home prices shoot back up after months of decreases
Maine homebuyers paid a median of $426,000 last month, a new record.
Posted inBusiness, Food & Dining, Local & State, News
Maine restaurant owners blame staffing challenges on housing shortage
Business owners say they can’t afford to pay workers the high wages necessary to keep up with rising housing prices, and even when they can, there’s nowhere for employees to live.