America’s housing affordability crisis is weighing heavily on the nation’s most sought-after voters in places like Wilmington, N.C., where home prices have risen 65 percent since 2019.
housing
Posted inBusiness, Maine, News
Statewide eviction prevention program to begin taking applications Monday
The program, funded with an $18 million allotment from the state, will provide a two-fold approach to rent relief: offering tenants one-time assistance paying back-rent, plus monthly rent subsidies for one year.
advertisement
Posted inBusiness, Maine, News
Maine organization aiming to end homelessness hires first executive director
Dean Klein, a homeless prevention advocate most recently from Virginia, has been tapped to lead the Maine Continuum of Care.
Posted inBusiness, Lewiston-Auburn, News
Lewiston Planning Board approves Gendron housing project off Farwell Street
City officials have said the 208-unit project will provide much-needed market-rate housing in Lewiston, but neighbors say the city is not responding appropriately to concerns for a traffic situation that’s already “a nightmare.”
Posted inBusiness, Maine, News
Two of Maine’s most rural counties need to build more housing more quickly, state says
A report published Tuesday includes targets that each county should hit to meet a statewide goal of adding 84,000 homes by 2030. But it falls short of issuing any mandates.
Posted inBusiness, Maine, News
Federal bill could ease housing crisis in rural Maine
Towns want and need more housing but say they lack the developers and the money to make it happen.
Posted inBusiness, Maine, 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.
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 inMaine
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.