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 […]
Foreclosures increase in Maine
October 8, 2007 Posted by Maine RealEstateRama
Maine has fewer foreclosures than other parts of the country, but subprime loans and adjustable rate mortgages have affected the real estate industry here, and experts say more people are losing their homes.