The existing 140 units at Munjoy South must remain available for low-income renters until 2042, but any new development could be market-rate.
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Posted inBusiness, Nation & World
Facebook facing housing discrimination charges from HUD
The government charges that Facebook allows advertisers to exclude people who they don’t want to see their ads.
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Posted inBusiness, Local & State, News
Maine home sales down slightly in February
The statewide median home price increased slightly from a year earlier.
Posted inBusiness, Local & State, News
Pair of developers betting big on Brunswick
Two local developers believe they can lure hundreds of Portland-area residents to the town’s former naval air base with the promise of affordable homes.
Posted inBusiness, Local & State, News
Sable Oaks will be site of 120-unit senior living community in South Portland
The $40 million project on Running Hill Road will include 80 assisted-living apartments and 40 memory-care apartments.
Posted inLocal & State, News
South Portland to show latest housing plan for former public works site
City officials and the developers of the 6-acre property on O’Neil Street will host a community forum Monday night at City Hall.
Posted inBusiness, Local & State, News
Technology poised to change home-buying traditions
The advent of new software allows a homeowner to sell a home in a couple of days without any dickering – or Realtors.
Posted inBusiness, Local & State
Government shutdown cited as factor in decline of Maine home sales
Home sales fell by 13 percent in January, while the median sale price remained the same compared with a year earlier.
Posted inBusiness, Local & State, Politics
Bill to prohibit Maine communities from banning short-term rentals draws fire
Opponents at a State House hearing say preventing towns and cities from enacting rules governing short-term rentals would be an overreach of state authority.
Posted inBusiness, Local & State, News
Scarborough Downs developers report brisk single-family home sales
Early signs of success for the $621 million mixed-use project come after the developers faced fierce scrutiny from some Scarborough residents.