Towns want and need more housing but say they lack the developers and the money to make it happen.
housing
Posted inBusiness, Local & State, News
Can luxury apartments actually help solve Maine’s housing crisis?
Despite pervasive ‘supply skepticism,’ the evidence suggests the answer is yes: As the number of homes grows in an area, prices tend to fall and lower-cost units get freed up. But advocates say it takes time – and there are many hurdles.
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Posted inBusiness, Election 2024, Nation & World, News, Politics
Housing’s worst crisis in decades reverberates through 2024 race
At stake in the next two months are the votes of frustrated homebuyers and renters in battleground states.
Posted inLocal & State, Morning Sentinel
Public health, privacy concerns raised as Oakland Town Council considers rules for recreational vehicles
Town councilors discussed proposed regulations Wednesday night for living long term in such vehicles, but said they were not ready to vote on an ordinance.
Posted inLocal & State, Morning Sentinel
Update: Waterville Planning Board seeks advice of city attorney in further delay of church rezoning request
The Waterville Planning Board spent nearly an hour Tuesday night discussing the First Church of Waterville’s request that the city rezone properties off Park Street, but the board was not ready to make a recommendation to the City Council.
Posted inLocal & State, Morning Sentinel
Waterville Planning Board to consider church’s rezoning request
The First Church of Waterville wants the city to rezone 3, 5 and 7 Park St. so the church can raze buildings and expand parking.
Posted inLocal & State, Morning Sentinel
Waterville fire chief leaving to become state fire marshal
In a surprise announcement Tuesday night, Waterville City Manager Bryan Kaenrath told the City Council that fire Chief Shawn Esler will be leaving his position Oct. 3 to become the new state fire marshal.
Posted inBusiness, Nation & World, News
Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year
Signs of waning inflation and a cooling job market have raised expectations the Federal Reserve will cut its benchmark interest rate next month for the first time in 4 years.
Posted inLocal & State, Morning Sentinel, News
New Waterville programs aimed at improving neighborhoods through home ownership, repair
The city will use $500,000 in federal funds to begin three programs recommended by the Waterville Housing Committee aimed at helping low- and moderate-income residents.
Posted inBusiness, Election 2024, Nation & World
Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation
Her proposal includes the government providing assistance to first-time buyers, tax breaks for homebuilders, and expanding existing incentives for companies that construct rental homes.