MaineHousing has in the last month announced more than $30 million in funding to boost construction of single-family homes and apartments.
housing
Posted inBusiness, Lewiston-Auburn, Maine, News
Multiunit homebuyers are turning sour on Portland
Real estate experts say high prices, rent control and competition from new inventory have sent the would-be landlords packing. And they’re heading to Lewiston-Auburn.
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Posted inMaine, News
Maine housing advocates warn of coming ‘tsunami’ of USDA foreclosures on rural homes
The Department of Agriculture says it’s clearing a backlog of 400 foreclosures and more than 800 delinquencies left by the Biden administration. But local housing advocates say the crisis was years in the making and that the USDA has always been slow to act when its borrowers default.
Posted inBusiness, Lewiston-Auburn, Maine, News
Lewiston approves 48-unit apartment complex off outer Main Street
The development will add to a growing list of more than 400 housing units expected to come online over the next two to three years.
Posted inBusiness, Maine, News
Maine lawmakers still betting on accessory dwelling units to help end housing crisis
Following the passage of a landmark law in 2022, a bill seeks to further encourage the construction of small housing units also known as in-law suites.
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 inBusiness, Maine, News
Maine home prices finally fell last month, but don’t celebrate yet
The last year-over-year sales decrease was in March 2019, when the median sale price was $200,000.
Posted inBusiness, Maine, News
Maine takes first step toward more accurately tracking efforts to resolve housing crisis
A bill to require Maine cities and towns to report annual home construction data is headed for the House — but without bipartisan support or a mandate that all municipalities participate.
Posted inBusiness, Lewiston-Auburn, News
Neighbors raise concern over 96-unit Gendron proposal in Auburn
A 96-unit housing development that was originally approved in 2022 is back under the microscope.
Posted inHealth, Maine, Politics
Bill aims to help veterans home care provider keep operating
Proposed Medicaid cuts could be devastating for Maine Veterans’ Homes, which has locations throughout the state and has been around for over 40 years.