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Home ยป News ยป News ยป Maine State Housing Authority Awards $30 Million in State Subsidies for Affordable Housing Developments
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Maine State Housing Authority Awards $30 Million in State Subsidies for Affordable Housing Developments

Libby PalanzaBy Libby PalanzaMay 26, 2024Updated:May 26, 202411 Comments4 Mins Read2K Views
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The Maine State Housing Authority announced Thursday that it will be awarding $30 million in state subsidies for the development of affordable housing throughout the state.

This funding will be spread across six different localities — including Augusta, Bangor, Gardiner, Lewiston, Scarborough, and Waterville — and allow for the construction of 248 new housing units.

MaineHousing said in their press release that funding for these subsidies was “made possible” by a $17.5 million allocation made by the Legislature during the first session, as well as a $10 million allocation made as part of the recently approved supplemental budget.

The Maine State Housing Authority goes on to explain that by awarding these subsidies, it will allow for an additional $61 million worth of federal funding to be leveraged by the state as well.

โ€œThis funding announcement comes on the heels of five recently completed affordable housing developments in Maine, with a sixth celebrating its opening next week in Madison,โ€ MaineHousing Director Daniel Brennan said in a Thursday statement.

โ€œThese funding awards are yet another clear example of the unparalleled support for affordable housing development that has been shown by Governor Mills and a bipartisan coalition of state lawmakers who have made the creation of safe, warm and affordable housing for all Maine people their priority,โ€ said Brennan.

โ€œI have always believed that a home is much more than just a roof over your head,” Gov. Janet Mills (D) said, “and with these new projects, we will make home a reality for hundreds more Maine families.”

โ€œWhile there is more work to do, I am proud of this progress and of the funding that the Legislature and I provided to make it happen, and I thank MaineHousing for its continued work to create safe, comfortable, and affordable places to live for Maine people,” Gov. Mills wrote.

Three of the developments receiving a subsidy are targeted at older adults, while the other three are geared toward families.

Click Here to Read the Full Maine State Housing Authority Press Release

128 of the total units constructed as a result of this funding will be utilized as affordable senior housing, and the remaining 91 will be offered as affordable housing for families.

Total subsidy amounts range from $4 million for a family development in Gardner to $6 million for a senior housing project in Bangor.

The other two developments for older adults will be located in Lewiston and Augusta and received $5.4 million and $4.8 million respectively.

A Waterville family housing project was given $4.7 million, while the family development in Scarborough was granted a $5.4 million subsidy.

Click Here for More Details Regarding the Subsidies Awarded by MaineHousing

In March of this year, the Maine State Housing Authority announced that it would be financing the construction of 105 new affordable rental units in several towns throughout rural Maine.

These one- and two-bedroom units will be constructed in Hallowell, Newcastle, Rockport, Rumford, Sanford, and Waterville.

[RELATED: Maine State Housing Authority to Construct 105 New Affordable Housing Units in Rural Maine]

According to a press release published at the time by Mills, funding for this project came from the stateโ€™s biennial budget, as well as from the recently approved bond cap expansion.

LD 2209 โ€” approved unanimously by lawmakers earlier this month โ€” allows the Maine State Housing Authority to have an โ€œaggregate principal amount outstandingโ€ in โ€œmortgage purchase bondsโ€ of $3 billion โ€” an increase of $850 million over the agencyโ€™s previous statutory limit.

Increasing the Housing Authorityโ€™s bonding capacity was intended to bring this limit into alignment with the stateโ€™s current housing production needs, according to testimony offered during the billโ€™s public hearing.

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Libby Palanza

Libby Palanza is a reporter for the Maine Wire and a lifelong Mainer. She graduated from Harvard University with a degree in Government and History. She can be reached at [email protected].

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Beachmom
Beachmom
2 years ago

Stop calling it “affordable housing”. It’s taxpayer subsidized, welfare housing.
So the grants cost us and the buildings will continue to cost us our money as long as they operate.

15
taxesgoinup
taxesgoinup
2 years ago

better fly south and cross the border illegaly before november so you can live there for free!!

9
Conservative
Conservative
2 years ago

Would not be so upset if these housing units were for VETERANS and ‘old’ Mainers not the ILLEGALS that Mills and company keep bringing into Maine. Stop giving away housing, education, food and medical to those who have not earned it or contributed to Maine or the USA.
HELP AMERICANS FIRST AND ALWAYS!

13
Rooster
Rooster
2 years ago

How are our nursing homes doing?.Anymore closing due to poor reimbursements from the state ? Shame on Mills and the democrats.

7
Robert Manson
Robert Manson
2 years ago

Yup
Lets make more housing for the โ€œ New Mainersโ€ .
Where do you think Janet is going to house her first seventy five thousand ?
Thats exactly what this will become .
Up in Waldoboro they had the old A.D.Grey school building to get rid of .
They โ€œ votedโ€ to let it go to some NGO whoโ€™s supposedly going to make housing for the local elderly population to live in โ€ฆ..LMAO
How naive can people be ?
Waldoboro better get ready for the Haitians , Hondurans , and the REAL PEOPLE FROM AWAY that will wind up getting shoveled there .
Hear me now believe me later .
NGOs that are nonetheless Government funded will do whatever the Government tells them to .
Save Maine โ€ฆโ€ฆVote the Democrats Out in November !

9
Jake
Jake
2 years ago

30 million from the state taxpayers and 60 million from the general government taxpayers = 100 million, not 30 million! THEN after they are built we will have to subsidize the rents and all other living costs for the people living there for the rest of our lives! STOP this sh** NOW! ENOUGH!

8
robert
robert
2 years ago

This is a direct violation of the Constitution of Maine that this ridiculous governor Mills has yet to uphold. There is no clause stating that the state should utilize taxpayer funds to pay for housing for ANYONE.

10
Steve
Steve
2 years ago

Make no mistake, these are being built for the expressed intent to house non USA born tenants.

7
Steven Scharf
Steven Scharf
2 years ago

Hmph! None in Portland. It would be nest to see a list of all who applied.

2
Joan
Joan
2 years ago

Augusta, Bangor, Gardiner, Lewiston, Scarborough, and Waterville…nice. What, no coastal tony towns where rich NEW democrat leftists live? Yes to all our Veterans, yes to handicap and or needy Mainers…NO to illegals! Besides when President Trump is voted back into the White House, the first thing he’ll do is to build a task force to kick these lawbreakers out of our Country! VOTE TRUMP! VOTE out all Maine Marxists to make Maine right again! Spread the word…

6
ME Infidel
ME Infidel
2 years ago

โ€œand with these new projects, we will make home a reality for hundreds more Maine families,โ€ said Mills. The operative word in this sentence is “PROJECTS” which is exactly what they’ll become.

2
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