The house will go on the market early this summer and will be sold to a family at or below 80% of the area median income.
housing
Posted inKennebec Journal, Local & State
Augusta tenants fear homelessness after threat of eviction on a week’s notice
Some tenants of 33 Stone St. say they have had to climb through windows to get into their own apartments after the landlord changed the building’s electronic locks.
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Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: 2020 candidates must address Maine housing poverty issues
Thousands of the state’s households spend over half their income on rent.
Posted inBusiness, Nation & World, New England
Mortgage brokers are hiring like mad to handle demand as rates plunge
Some brokers predict rates for a 30-year fixed loan could drop to 3.5 percent and stay there much of the year.
Posted inBusiness, Local & State, News
Maine housing market’s record-breaking year left many would-be buyers out in the cold
Sales of single-family homes in December surged by 23% over 2018, boosting both sales volume and the median sale price to new highs in 2019. And demand is even higher.
Posted inBusiness, Local & State, News
Feds award nearly $14 million in grants to fight homelessness in Maine
Some of the Housing and Urban Development funds also will be used to connect residents with affordable housing programs and services.
Posted inBusiness, Local & State, News
The decade in Maine business and economy
From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.
Posted inEditorials, Opinion
Our View: Loneliness a problem year-round for many seniors
In an aging and rural state like Maine, the problem is particularly striking.
Posted inBusiness, Local & State
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Posted inBusiness, Local & State, News
Energy efficiency remains the improbable dream
Weatherizing Maine’s older home stock is critical to meeting the state’s ambitious goals to cut emissions, but high costs and an insufficient workforce put that reduction out of reach.