Clover Terraces is targeted to buyers who earn between 80% and 120% of the area median income — too much to qualify for subsidized housing but too little to afford Maine’s skyrocketing home prices — often referred to as the state’s workforce population.
The project, slated tor completion in late 2026 and dubbed Clover Terraces, targets middle-income, first-time homebuyers — those who earn between 80% and 120% of the area median income.
By using prefabricated panels for walls, elevator shafts, floors and roofing, Hebert Construction is fast-tracking building time on a 61-unit affordable senior housing project.
The move, part of a revamp outlined last month that includes store upgrades and "tech-forward" digital banking, will leave the lender with 28 retail locations in Maine.
Aquaculture, a young industry that's only been around about 50 years, has embraced technology. Now, underwater cameras and sensors analyze fish behavior in real time, with algorithms determining the optimal timing for feed release.
American Roots, a Wesbrook-maker of hoodies, jackets T-shirts and custom apparel sourced from American suppliers, is staffed by a 75-strong workforce representing 10 nationalities.
The Greater Portland Council of Governments is making $3.9 million in funds available to transform five properties in Portland and Westbrook — including housing developments, a hotel and a child care center.