Eighteen apartments and two commercial spaces are expected to be completed in 12-14 months.
housing
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.
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Posted inBusiness, Lewiston-Auburn
Photos: Lewiston housing complex coming together
An aerial view of the 82-unit, 8 building project in the heart of downtown Lewiston as construction continues in different phases.
Posted inBusiness, Maine, News
Old Army hospital on Great Diamond Island could become condos
Portland is selling the last city-owned property at Fort McKinley to a developer who plans to restore the building and create 9 condos.
Posted inBusiness, News
Price of typical Maine home hovering around $400,000, but more are hitting the market
The median home sale price in Maine last month was $399,250 – a 5% increase over July 2023, but a slight dip from the record high of $406,000 reported this June.
Posted inLewiston-Auburn, News
Lewiston Housing gets approval for 72-unit Ash Street development
The housing authority also received approval this week to convert the Ramada Hotel into a senior living complex.
Posted inBusiness, Maine, News
Federal housing voucher program on pause in large swaths of Maine
MaineHousing, which issues one-third of vouchers in the state, and housing authorities in Portland, Westbrook and Brewer have been forced to pause Section 8 vouchers after using up their allotments.
Posted inMaine
Gulf of Maine lobsters are experiencing a housing crisis
While lobster populations have declined recently, decades of growth in the Gulf of Maine have led to changes in the animals’ habitat, scientists say.
Posted inBusiness, Maine, News
Eviction filings are down in Maine, but threat is still high
Observers disagree over whether the data signal an abatement in the housing crisis or if the numbers fail to include ousted tenants who don’t end up in court.
Posted inMaine, News
Wells considers temporary ban on large housing developments
Town leaders began talking about pausing large-scale subdivisions after a developer proposed a 158-unit housing development near Route 1.