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.
development
Posted inLewiston-Auburn, News
Auburn to review 160-unit housing proposal for Stetson Road
The project, from the same developer as the Mt. Auburn Avenue apartments, would place 50 buildings on land between Stetson and North River roads.
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Posted inBusiness, Local & State, News
Maine needs more housing fast, but tariffs could slow efforts
Experts say the 25% tariff on steel and the threatened 25% tax on Canadian goods could increase home prices by up to 10%, undermining efforts to boost housing production and affordability.
Posted inBusiness, Local & State, News
Why the dream of a starter home in Maine is slipping out of reach
Young people can’t find or afford houses in their communities. Families can’t move out of places they’ve outgrown. The cycle is stuck. Can it be fixed?
Posted inBusiness, Local & State, News
Maine needs more housing, fast. Two companies are turning to the assembly line.
Built in a factory, modular homes and apartments can go up quickly. Can new designs change some of the stigma?
Posted inLocal & State, News
What is social housing, and why does a Portland city councilor think it could help solve the housing crisis?
Portland City Councilor Kate Sykes ran with social housing at the center of her platform and has mentioned it for months around City Hall. Now she’s hoping to put together a task force to try to explore getting the program off the ground.
Posted inBusiness, Local & State, 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, Local & State, 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, Local & State, 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, Local & State, News
Hotel development in Portland booming as city seeks to amp up winter tourism
Portland has at least 750 hotel rooms in various stages of the planning process, and there are more than 400 in the works in the surrounding area.