Please do not leave this page until complete. This can take a few moments.
The Mary Street Apartments, a planned 40-unit affordable housing development in Skowhegan, broke ground on Tuesday, marking the start of four projects to be built or renovated under the Maine Affordable Housing Tax Credit program.
The tax credit program is an $80 million investment over eight years, representing the single largest state investment in housing in Maine’s history. Projects using the tax credit are beginning in Skowhegan and Portland this year, with over 185 new affordable units.
“The people of Maine asked us to tackle affordable housing so we’re doing that from many angles, including incentivizing new construction and renovations that will become affordable units like the project here in Skowhegan,” Maine House of Representatives Speaker Ryan Fecteau, D-Biddeford, said in a news release.
According to the Maine Affordable Housing Coalition, nearly 31,000 renters — 1 in 5 Maine renters — pay more than half their income toward housing costs. For every family living in an affordable, federally subsidized unit, nearly three families are on a waiting list.
In the release, Gov. Janet Mills noted that the Maine Jobs & Recovery Plan invested $60 million to expand housing options that are affordable for Maine workers and their families to own or rent. MaineHousing gained an additional $38.6 million in funding by refinancing and purchasing bonds at lower interest rates.
Fecteau and Mills joined officials from Skowhegan and the Kennebec Valley Community Action Program at Tuesday's ceremonial construction start.
The Mary Street Apartments will be built by E.W. Littlefield & Sons Inc., which is based in Hartland.
“The need for affordable and quality housing in rural Maine is immense. This KVCAP development in Skowhegan will provide 40 new housing units for area families and will also include green space, a community room, onsite laundry, ADA accessibility and access to KVCAP's public transportation system,” said Suzanne Walsh, CEO of the Kennebec Valley Community Action Program.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments