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Governor Applauds New Affordable Housing Units in Portland
August 12, 2009 Posted by Maine RealEstateRama
PORTLAND, ME - August 12, 2009 - (RealEstateRama) — Governor John E. Baldacci today participated in the grand opening of 53 Danforth, an innovative affordable and workforce housing apartment building in downtown Portland. Thirty of the 43 housing units are set aside for low-income renters.
Snowe, Collins Push for Quicker Transfer of Excess Military Property to Brunswick
August 7, 2009 Posted by Maine RealEstateRama
August 7, 2009 - (RealEstateRama) — Late yesterday, U.S. Senators Olympia J. Snowe and Susan M. Collins (R-Maine) sent a letter to President Barack Obama urging him to support a critical provision that would help accelerate the transfer of excess military property to base communities, including Brunswick. Senators Snowe and Collins were joined by 12 of their Senate colleagues, who also signed the letter. Additionally, Senator Snowe spearheaded another letter signed by a dozen Senate colleagues to leaders of the Senate and House Armed Services Committees, of which Senator Collins is a member, requesting that both committees retain a House-passed provision in Conference that would increase the utilization of no-cost economic development conveyances (EDCs) as a tool for property disposal.
Maine to Receive $10,690,750 to Boost Affordable Housing Construction
July 29, 2009 Posted by Maine RealEstateRama
WASHINGTON, DC - July 28, 2009 - (RealEstateRama) — Today, Congressman Mike Michaud announced that Maine will receive $10,690,750 in funding for affordable housing. Funded through the American Recovery and Reinvestment Act (H.R. 1), U.S. Housing and Urban Development’s (HUD) new Tax Credit Assistance Program (TCAP) allows state housing finance agencies to resume funding of affordable rental housing projects across the nation while stimulating job creation in the hard-hit construction industry.
Bureau of Insurance Encourages Consumers to Protect their Property with Flood Insurance
February 25, 2009 Posted by Maine RealEstateRama
Waiting Period for Insurance to Take Effect Means NOW is the Time to Act to be Covered for Spring Flooding
February 25, 2009 - (RealEstateRama) — Insurance Superintendent Mila Kofman is urging all Maine residents to evaluate their need for flood insurance, especially with spring approaching and a typical 30-day waiting period before a new flood insurance policy takes effect.
Tough Real Estate Market Has Many Homeowners Looking For Renters
October 11, 2007 Posted by Maine RealEstateRama
BANGOR (NEWS CENTER) — Drive through any community in Maine and you’ll see a lot of “For Sale” signs. Many properties are not selling, and as a result, some sellers are considering renting their homes instead.
