The town council held a workshop on the request for a Credit Enhancement Agreement from Preservation of Affordable Housing LLC (POAH) to build housing for people with mobility disabilities.
affordable housing
Posted inAmerican Journal
Plans to replace parking lots with affordable housing opposed in Westbrook
Replacing the three free parking areas with housing would be devastating to downtown businesses and a local church, opponents say.
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Posted inBusiness, New England
Wealthy Cape Cod town sells bonds for affordable housing
Wellfleet saw its credit rating dip after struggling to retain financial staff because of the town’s high cost of living.
Posted inNorthern Forecaster, The Forecaster
Cumberland seeks proposals for affordable housing project on Drowne Road
The Town Council chairperson says the feasibility of the project and the tax impact cannot be determined until proposals are in hand.
Posted inBusiness, Maine, News
Housing, cost of living top of mind for Mainers in UNH poll
Hot-button issues like abortion and gun control have taken a back seat to the economic concerns that affect respondents’ lives on a daily basis.
Posted inTimes Record
$1 million affordable housing fund established for Brunswick developers, homeowners
The Brunswick Town Council approved the fund in response to soaring housing costs.
Posted inOp-eds, Opinion
Commentary: Housing is Fed’s secret weapon in battle against inflation
Shelter costs are on the decline and should keep the central bank from raising borrowing costs much further – if at all.
Posted inMaine, Politics
Maine’s budget surplus provides $65 million for affordable housing
The state closed the 2023 fiscal year with a $141 million surplus, which is being used to fill Maine’s ‘rainy day’ fund and build more affordable housing.
Posted inSouthern Forecaster, The Forecaster
Cape plans workshop on Gull Crest as affordable housing site
A report said a potential parcel at the town recreation fields is “feasible but challenging.”
Posted inOp-eds, Opinion
Commentary: Repurposing land is necessary for Portland’s survival
By consolidating various business and industrial zones into a new, inclusive district, we can unlock the full potential of available land for housing expansion.