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Phoenix Flats, a 45-unit apartment building in Portland, took about $16 million, roughly a dozen funding sources and four years to complete.
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The buildings, at the former Naval Air Station, will house around 125 people.
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Affordable housing developers say a lack of state elevator inspectors is stalling progress on nearly-completed projects.
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The new law requires that the landowners of manufactured home parks give residents advance notice if they plan to sell the property. It also gives residents an opportunity to collectively make an offer on the land within two months, and secure financing to complete the purchase within three.
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The University of Maine will break ground next summer on a new factory that will train engineers and scale up 3D printing production. The factory should be complete by 2026, and it will be used to print nine new homes for a small neighborhood.
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About 57% of Maine's seasonal homes could be available to rent or own for at least three months of the year. And only about one-third of that seasonal rental stock is comprised of affordable homes that an average Mainer could rent or buy.
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A first-of-its kind study shows Maine may need to build as many as 84,300 new homes for households at all income levels over the next seven years to meet the anticipated demand.
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Greg Payne told the Legislature's housing committee on Tuesday that the state had invested $285 million in affordable housing since 2019.
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City officials say they're revisiting a plan first developed in 2015, hoping to take advantage of federal infrastructure funding. The original plan called for new bike lanes, better pedestrian walkways and affordable housing development.
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A major affordable housing project in Lewiston was dealt a significant blow this week, after the city's Board of Appeals voted against allowing a key variance.