Kennebunkport Heritage Housing Trust announces name change: Neighborhood Housing Trust.
affordable housing
Posted inMaine, News
Portland is reassessing all property – again – to stay on top of rising values
The City Council recommended in 2021 that Portland do a reassessment every 5 years because of the rapidly changing housing market. While taxes jumped for many back then, Portland’s assessor says the impact isn’t expected to be as drastic this time.
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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 inSouth Portland Sentry
Home-sharing program launches in South Portland
Age Friendly South Portland is getting the word out about a new home-sharing program that can potentially match homeowners who have excess space with those in need of housing. Nesterly is partnering with MaineHousing in a pilot program to help link homeowners and potential tenants. They do background and credit checks on both homeowners and […]
Posted inMaine, News
Portland City Council OKs $1 million loan for child care expansion, affordable housing project
Youth and Family Outreach plans to double the number of its child care slots to 110 and build 48 affordable and 12 market-rate apartments. The proposal, which received the council’s unanimous support, also calls for tearing down a 175-year-old chapel.
Posted inPortland Forecaster, The Forecaster
City cuts ribbon on East Deering affordable housing redevelopment
Portland Housing Authority’s 105-unit project replaced 50 public housing units that were built on a landfill in 1971.
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 inBusiness, News
Developers pitch second condo complex with accessory dwelling units in Portland
GreenMars Real Estate is pioneering a housing model made possible by a state law that encourages denser development.
Posted inKennebunk Post
Kennebunk OKs short-term rental ordinance
The ordinance, passed by voters in June, will allow homeowners to rent their properties for 15 days or less.
Posted inElection 2024, Maine, Politics
Democratic lawmakers, developer endorse Harris’ plans to ease affordable housing crisis
A June poll found that 15% of people surveyed identified housing and affordable housing as a top issue in Maine, ahead of the economy and the cost of living.