Press Releases
Maine Awarded $2.1 Million for Affordable Housing
November 29, 2007 Posted by Maine RealEstateRama
Bangor, Harpswell, Perry, and Portland Initiatives Will Create 127 Rental and Ownership Units
BOSTON, Nov. 29 /PRNewswire/ — The Federal Home Loan Bank of Boston (the Bank) awarded $2.1 million in grants, loans, and rate subsidies to fund 127 units of affordable housing in Bangor, Harpswell, Perry, and Portland. In all, 25 New England initiatives received […]
Nationwide Interest in Auction of Maine Mid-Coast Shoreline Properties Prompts Deadline Extension to Nov. 30
November 8, 2007 Posted by Maine RealEstateRama
PORTLAND, Maine, Nov. 8 /PRNewswire/ — When word got out about an auction of spectacular shoreline property in Maine's temperate Mid-Coast region, the flurry of interest from around the country prompted Tranzon Auction Properties to extend the original deadline from November 10 to 30, convert the live auction to a sealed-bid format and move the […]
Unique Partnership Results in Preservation of Affordable Housing Units for Low Income Residents
November 6, 2007 Posted by Maine RealEstateRama
October 18th, 2007, U.S. Department of Housing and Urban Development Regional Director Taylor Caswell joined Maine State Housing Authority (MaineHousing) officials to tour an affordable housing project in Augusta that is the result of a unique partnership among federal, state and non-profit agencies.
HUD Defeated by Penobscot Indian Nation over Nationwide Down Payment Program
November 2, 2007 Posted by Maine RealEstateRama
Tribe Continues To Give Nationwide Down Payment Grants To All American Homebuyers
INDIAN ISLAND, Maine, Nov. 2 /PRNewswire-USNewswire/ — On October 31st, the Penobscot Indian Nation Grant America program was granted an injunction which prohibits HUD from enforcing the rule banning downpayment assistance. HUD had previously granted extensions to both Ameridream and Nehemiah.
Olympia Development Announces Deals to Develop Hotels in Three States
October 30, 2007 Posted by Maine RealEstateRama
PORTLAND, Maine, Oct. 30 /PRNewswire/ — Olympia Development, a premiere hotel and commercial real estate developer based in Portland, Maine, is pleased to announce three new hotel projects in Mystic, Connecticut; Durham, North Carolina; and Nashua, New Hampshire.
Governor O’Malley Announces Plan to Cut Maryland Property Taxes by 3 Cents
October 19, 2007 Posted by Maine RealEstateRama
O’Malley Continues to Outline Plan to Close the Structural Deficit in Howard County; Announces Penny Increase in Sales Tax – 83.5% of Marylanders Still Pay Less Overall; Sales Tax Would Be Applied to Some Services
ELLICOTT CITY, MD (September 20, 2007) – Governor Martin O’Malley announced today a plan to cut Maryland’s property tax to […]