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PublishedOctober 13, 2022
Average long-term U.S. mortgage rates up another quarter point
Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.92% from 6.66% last week.
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PublishedSeptember 30, 2022
MaineHousing halts rental assistance program
The agency is waiting to see if the federal government will approve additional funding.
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PublishedSeptember 18, 2022
Proposal for housing on Augusta’s Western Avenue approved, awarded 30-year tax break
Developer of Stevens Commons in Hallowell plans to build a 38-unit apartment building at 99 Western Ave. in Augusta.
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PublishedAugust 31, 2022
Construction could begin soon on $30 million Waterville mill housing project after financing green light
North River Co. is awaiting word from MaineHousing before launching construction to turn about half of the northernmost Lockwood-Duchess mill building at 6 Water St. into residential and commercial space.
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PublishedAugust 28, 2022
Affordable housing crisis creates another barrier for Maine college students
Limited student housing and high rents are leaving students scrambling to find a place to live before school starts.
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PublishedAugust 24, 2022
Short-term rental proposal sparks debate about impact on Peaks and other Portland islands
Some on Peaks Island say a proposal to further restrict short-term rentals in Portland will have an outsized impact on the island and seasonal rentals, though supporters of the referendum say it will add to affordable housing.
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PublishedAugust 19, 2022
As housing crunch persists, central Maine leaders chip away at problem one project at a time
Several efforts are underway in Augusta and Waterville to provide more affordable housing options, but until then the two cities together are short of such housing by more than 1,800 units.
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PublishedAugust 14, 2022
In Maine, a stubborn housing crisis has put down roots
Competing market forces are evident in South Portland, where residents face rising rents and home prices. But efforts to change the dynamic don't always work out as planned.
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PublishedAugust 11, 2022
Affordable housing, shelter space coming to Farmington through federal funds
Western Maine Community Action was awarded nearly $7 million from the American Rescue Plan Act to convert two properties to affordable housing and emergency shelter for housing-insecure people.
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PublishedAugust 7, 2022
Housing crisis spurs different approaches to affordability in Lewiston-Auburn
Rent prices in Androscoggin County are up 18% in one year. Home prices are up 21%. How can the region boost supply and address the widening affordability gap?
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