Chris Marshall

Maine’s modular construction industry, considered essential to helping meet the state’s critical housing needs, hit a regulatory roadblock this month in the Legislature, with the failure of LD 2229.

Maine’s modular construction industry hit a regulatory roadblock this month, which is expected to derail hundreds of planned housing units. A temporary funding allocation may rescue a handful of projects.

GreenMars is developing a 130-unit condominium project in Portland that will offer buyers the option of also purchasing an attached accessory dwelling unit to generate rental income.

A new pocket community of 21 affordable condominiums are priced well below the average home price for the region. The standalone condos at Wilbur’s Woods are listed at $325,000 for households that earn less than $105,360 annually.

The subject was ‘The Housing Crisis: Can we Crack the Code?’ which featured industry experts from architects and municipal and regional planners to developers, builders and bankers. 

There are a number of neighborhoods being built around the state which represent a twist on the condominium concept; where homeowners share the development’s property — but not walls — with neighbors. Residents enjoy the convenience of a traditional HOA, with a bit more privacy.