Financing included MaineHousing’s allocation of $3.9 million in 4% low-income housing tax credit equity, which was invested by WNC & Associates, an Irvine, Calif., firm focused on affordable housing.
The deal to acquire a construction and demolition disposal site and wastewater treatment facility is a milestone for the development of a “hub and spoke” model for waste services.
As the third generation prepares for ownership, the stage is being set for the next chapter of the Farmington firm that started in the late 1960s as a newspaper publisher.
The Nov. 3 edition of Mainebiz combines the old school and the new. In addition to a section on how AI is used in Maine, we have a section that focuses on family-owned businesses. You couldn’t ask for a wider array of topics.
Construction of a 25-unit affordable housing complex for residents ages 55 and up in Farmington is 75% completed and is expected to welcome residents in early 2026.
Workers who commute into Rangeley have about 50 children under age 5, but the town had fewer than 20 early child care slots available. The center is part of a trend supporting working families and employee recruitment.