MaineHousing offers several programs to encourage private development of affordable rental housing or homeownership opportunities for families, seniors and persons with special needs. Low income housing tax credits, development loans, direct development subsidies, affordable housing tax increment financing, and options to restructure debt are available. Developers are required to ensure that housing developed with MaineHousing financing remains affordable.
$13.2 mill Awarded
Mainehousing Awards $13.2 Million For Affordable Housing in Kittery, Farmington, And Bangor for three developments that are aimed at helping individuals and families experiencing homelessness in Maine.
Recovery Housing Program
Funds available to produce, preserve and/or rehabilitate transitional rental housing for households in recovery from a substance use disorder who are low- or moderate-income.
On May 9th the Szanton Company, a Portland-based housing developer, celebrated the Grand Opening for Milliken Heights. This 55-unit apartment building for residents aged 55+ is nearly fully rented, six weeks after opening its doors.
Programs For Existing Properties
Education & Advocacy
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