Central Maine landlords say their inability to evict nonpaying tenants has left them holding big bills.
housing
Posted inBusiness, Nation & World
U.S. mortgage rates fall; benchmark 30-year at all-time low of 3.13%
The average rate on the 15-year fixed-rate mortgage eased to 2.58 percent from 2.62 percent.
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Posted inKennebec Journal, Local & State
Developer proposes 50-unit apartment building for seniors in Augusta
The Planning Board rejected a request to waive some city zoning requirements developer Jim Pepin said are needed to build on the Western Avenue site, currently home to a vacant office building.
Posted inBusiness, Local & State, News
As hurricane season begins, state regulator urges Mainers to buy flood insurance
Maine Insurance Superintendent Eric Cioppa said scientists are predicting an increase in the number and severity of hurricanes and major storms this year.
Posted inKennebec Journal, Local & State
The Vickery is ready to open its doors in downtown Augusta
The $6.5 million project adds 23 apartments to Augusta’s downtown neighborhood and is expected to add demand for downtown restaurants and shops.
Posted inBusiness, Local & State, News
Maine agencies awarded $2.5 million to fight outbreaks in public housing
The federal aid is intended to help 19 Maine housing authorities prevent, prepare for and respond to COVID-19 outbreaks in public housing.
Posted inEditorials, Opinion
Our View: Renters need relief in COVID crisis
Thousands of Mainers could lose their homes if the government does not pay their rent.
Posted inBusiness, Local & State, News
Small businesses seek rent and eviction freezes as crisis costs mount
Maine small business owners are in anxious talks with landlords as they seek to buy time until they can reopen and restore cash flow.
Posted inEditorials, Opinion
Another View: Maine landlords also suffer in COVID-19 disruption
With the courts closed, property owners cannot get the relief that they need and are entitled to by law.
Posted inOp-Eds, Opinion
MaineHousing director: No one should lose their home because of COVID-19
Lenders and landlords should work with newly jobless borrowers and tenants on payment plans that will keep the roof over their heads.