Approved by 69 percent of voters three years ago, the $15 million in bonds to help finance construction of affordable senior housing units had been held up by Gov. Paul LePage.
housing
Posted inLocal & State, News
Rwandan woman finds home in Maine with loan for asylum seekers
A new program offers zero-interest loans to asylum seekers who need security deposits to get homes of their own.
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Posted inBusiness, Local & State
Nine housing projects in Maine receive federal aid
The $15.3 million in grants and loans are earmarked for affordable housing.
Posted inBusiness, Local & State
Maine home sales continue record-breaking pace
While national sales activity dropped 6.7 percent in November, the volume of sales in Maine increased by nearly 3 percent.
Posted inLocal & State, News
Portland landlord who was fined $510,000 for code violations loses last appeal
Justices rule that the large penalty was warranted for life safety and code violations that Sulan Chau failed to correct at her apartment building.
Posted inBusiness, Local & State
Deering Lumber purchased by Illinois company
U.S. LBM said it was attracted to the Biddeford company because of its customer base and product offerings.
Posted inBusiness, Local & State
More than 100 apartment units sold in Sanford
The transaction is the largest single transfer of dwellings in the city’s recent past.
Posted inBusiness, Local & State
Maine home sales start 4th quarter strong
Purchases of existing single-family homes rose 3.4% in October and the median price hit $215,000, up 4.9%.
Posted inBusiness, Nation & World, News
Mortgage rates remain high, slowing U.S. home sales
Rates are at their highest levels in nearly eight years.
Posted inLocal & State
Portland landlord appeals $500,000 fine to Supreme Court, saying city should have cracked down sooner
Sulan Chau was fined for code and life safety violations over 2½ years, but her attorney argues that the penalty is excessive because officials waited too long to take action.