The agency has now financed more than 1,000 units in the last 12 months.
housing
Group buys 20 acres in Carrabassett Valley for $10 for workforce housing
Western Maine Mountain Housing hopes to build 40-plus units near Sugarloaf Mountain to help with the shortage of affordable housing.
Maine home prices shoot back up after months of decreases
Maine homebuyers paid a median of $426,000 last month, a new record.
Maine restaurant owners blame staffing challenges on housing shortage
Business owners say they can’t afford to pay workers the high wages necessary to keep up with rising housing prices, and even when they can, there’s nowhere for employees to live.
Bath Iron Works begins construction of workforce housing
General Dynamics’ partnership with Portland-based Developers Collaborative will bring apartments geared toward Bath Iron Works employees.
Wiscasset loses ARPA funding after data center proposal, confusion
The town’s plan to build affordable housing got muddled when a developer expressed interest in building an AI data center at the same site.
Twelve new lots for sale on Sunday River’s Merrill Hill
As residential development continues, the ski resort’s president says ‘We try to do things responsibly.’
Maine is building homes faster, but they are emptier
Often-overlooked numbers show how fewer people are living together, inadvertently contributing to Maine’s housing crisis.
Maine home prices fell for third month in a row in September
Realtors say the landscape could be shifting from a sellers’ to a buyers’ market, but it’s too early to say for sure.
Bethel condo project targets winter construction deadline
Workers are on site nearly every day as the 38-unit condominium complex at Main and Cross streets takes shape.