More and more homes are hitting the market in Maine, but inventory still remains well below what experts consider a balanced level.
Maine housing
Posted inNews
The USDA wouldn’t let her give up her house and crushed her with debt
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional debt before the agency moved to take the homes.
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Posted inBusiness, Lewiston-Auburn, Maine, News
MaineHousing announces $13M for new projects, including in Lewiston
The quasi-state agency warns that without more money from the Legislature, affordable housing production will slow dramatically.
Posted inBusiness, Maine, News, Politics
Maine lawmakers give mobile homeowners a leg up in park purchases
Legislators passed a bill to give mobile homeowners the ‘right of first refusal’ when their parks go up for sale.
Posted inBusiness, Maine, News, Uncategorized
Mainers call on lawmakers to protect renters, boost housing production
The Legislature’s Housing and Economic Development Committee heard from renters, advocates, landlords and developers during a daylong hearing on the state’s housing crisis.
Posted inLewiston-Auburn, News
Legislation could create starter home program modeled after Lewiston project
Amy Smith, executive director of Healthy Homeworks, said a state program could close the financing gap for renovating aging housing stock for first-time homebuyers.
Posted inBusiness, Maine, News
Mobile homeowners back bill to help them fight sales to investors
Maine lawmakers are weighing several bills designed to protect mobile homeowners, including one that would give residents the right of first refusal if their park comes up for sale.
Posted inBusiness, Lewiston-Auburn, Maine, News
Martel School senior housing scheduled for summer groundbreaking
Lewiston Housing says construction on a senior housing project at the former Martel School site is scheduled to begin this summer. Talks about turning the school into housing began in 2019.
Posted inBusiness, Maine, News
How can Maine fix its housing crisis? A new report has dozens of ideas
The 83-page breakdown creates a roadmap for lawmakers on incentivizing development, collecting data and assembling a workforce to build the thousands of units the state desperately needs.
Posted inMaine, News
Eviction relief program is keeping Maine families housed, but high demand depletes funding
More than 1,500 are queued up, hoping to receive up to $800 a month in rent relief and a one-time payment to catch up on back rent.