Construction has begun on the Lambert Woods North apartments in Portland, part of an affordable housing development which will eventually include 162 apartments.
Federal and state tax credits will be used to finance dwellings for older adults and families across eight development sites in the cities of Biddeford, Belfast, Lewiston, Portland, South Portland and Rockland.
A new development will offer 48 condominiums at prices ranging from $378,000 to $425,000 to eligible buyers — households who make no more than 120% of the area mean income.
Construction of two affordable housing developments has finished up in Rockland and Augusta — part of the push in both cities and across Maine to tackle the shortage of homes.
Maine Cooperative Development Partners is installing the first phase of a 20-unit affordable condominium project off Douglass Street. Modular units are being built at KBS Builders’ South Paris factory and installed by Brunswick-based Backyard ADUs.Â