Maine

Drawing on state and national data MaineHousing’s 2nd annual housing outlook report explores the dynamics of housing production, homeownership, affordability, and homelessness while situating Maine’s housing market within the overall economic landscape. MaineHousing is excited to present the 2026 edition of Maine’s Housing Outlook Report. In its second annual release, this comprehensive report offers an in-depth […]

Maine Gov. Janet Mills approved a bill that increases the State’s Historic Rehabilitation Tax Credit annual project cap as of Jan. 1, 2025.

Senator Angus King (I – ME) described housing affordability as a “national crisis that’s really impinging the rebuilding of the economy.”

HUD updated the fair market rents (FMRs) for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program and other programs for Fiscal Year 2021 for four areas based on new survey data: Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area (HMFA), Knox County, ME, Lincoln County, ME and Waldo County, ME. Further, HUD responds to comments received on the FY 2021 FMRs.

The Incremental Development Alliance workshops on small-scale real estate development take a big-picture view of neighborhood-based development to help attendees analyze what makes a good project, how a building makes money and how small developers interact with professionals in the built environment. The goal is to help aspiring developers feel more prepared to take the […]

A new analysis from the National Council of State Housing Agencies documents the critical components of state housing finance agency emergency rental assistance programs established in response to the COVID-19 pandemic. So far, 11 states (Arizona, Delaware, Florida, Idaho, Maine, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island and Texas) have created emergency rental […]

Maine Governor Janet Mills (D) signed H.P. 1180 to create a State LIHTC that is equal to the Federal LIHTC, beginning January 1, 2021. The Maine LIHTC will have a $10 million annual statewide cap, but unallocated funds can be carried forward to create a maximum $15 million per year.

A new note from Peter Lawrence with Novogradac and Co. analyses state use of the private activity bonds (PABs). In 2017, eleven states reported no multifamily PAB issuance, up from ten in 2016 and down from the high of 30 in 2011.

The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.

Multifamily housing developers, community organizations, investors, and lenders interested in affordable rental housing in New England have a new resource available that provides a comprehensive overview of current opportunities. A special report entitled “A Variety of Approaches: New England State Agencies Differ in Needs, Priorities in Their Housing Credit Programs” reviews recent and current tax credit allocation activity, project trends, and state priorities in the New England states ““Connecticut, New Hampshire, Maine, Massachusetts, Rhode Island, and Vermont.

MaineHousing will hold a public hearing of the Draft 2014 Qualified Allocation Plan at 9:30 AM on Tuesday, June 18, 2013.