A robust pipeline of affordable housing development in 2025 will continue through 2026.
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A robust pipeline of affordable housing development in 2025 will continue through 2026.
“We are just as strong now as we were last year on the development side,” says Daniel Brennan, director of Augusta-based MaineHousing. “That’s because of the huge pipeline that was funded over the past several years.”
In 2025, 1,381 new units across 49 projects were completed or under construction, along with 618 rehabilitated units across seven projects — for a total of 1,999 units across 56 projects.
Another 55 projects are in the pipeline, not yet started.
Funding for that tranche was approved two or three years ago, providing certainty to the current pipeline.
Will that trend continue after 2026?
“We’re certainly hopeful,” says Brennan. “We’ve spent every penny that’s been allocated to us. “So now we look to the legislature, reconvening in January, to seek continued funding for these vital programs”
Housing continues to be at the top of people’s minds and there continues to be bipartisan support in state government, he said.
“The hope is that supplemental funding will come in 2026 and a bond issue will come for 2027 to keep this level going,” he said.
If that doesn’t happen?
“In 2027 and 2028, our numbers will start to drop,” he said. “But I’m pretty optimistic that folks in the legislature will continue to fund what we’re doing.”
