Maine RealEstateRama

The Maine Real Estate & Development Association (MEREDA) has announced that Lawrence A. Wold, president of TD Bank has retired from MEREDA’s Board of Directors after 18 years of service. During this time, Larry served as president from 2000 – 2002 and was recognized with MEREDA’s Volunteer of the Year Award in 2003. During his tenure, Larry spearheaded an initiative to assist with MEREDA’s new member recruitment efforts

Tranzon Auction Properties is pleased to announce the successful auction of the Foundation for Blood Research (“FBR”) property located in Scarborough, Maine. The auction was held on Thursday, August 10.  “Tranzon Auction Properties was introduced to the project by Greg Boulos, a partner with CBRE/The Boulos Company.” said Mike Carey, Senior VP of Tranzon Auction Properties. “After consultation with the Foundation Board and professional staff, we determined the auction methodology would serve the needs of the Foundation in its efforts to wind down their operations and sell this asset.”

Marking the 81st anniversary of the signing of the Social Security Act, the Frances Perkins Center in Newcastle, ME will host its 8th Annual Garden Party and awards ceremony at the Perkins Homestead National Historic Landmark on Sunday, August 14, from 2:00pm to 5:00pm.

The Maine Public Utilities Commission (Commission) has issued a Request for Applications for Disbursements from Maine’s Regional Greenhouse Gas Initiative (RGGI) Trust Fund. The Request for Applications was issued on July 20, 2016 and is available on the Commission's website

Paul Peck, attorney at Drummond & Drummond and real estate developer with LWS Development LLC is the new president of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities.

U.S. Senators Susan Collins, the Chairman of the Transportation, Housing, and Urban Development (THUD) Appropriations Subcommittee, and Angus King announced today that the Maine State Housing Authority will be awarded $3,000,000 in Lead Hazard Reduction Demonstration grant program funding and $400,000 in Healthy Homes Supplemental funding. The Authority will address lead hazards in 230 housing units providing safer homes for low- and very low-income families with children. The Housing Authority will also perform healthy homes interventions in 120 units

U.S. Senator Angus King (I-Maine) today announced his support for the Timber Innovation Act, bipartisan legislation introduced last month by Senators Debbie Stabenow (D-Mich.) and Mike Crapo (R-Idaho) that would support the advancement of the forest products industry by accelerating research and development – and ultimately construction – of wood buildings in the United States.

With the support of U.S. Senator Angus King (I-Maine), a member of the Senate Energy and Natural Resources Committee, the Senate today passed the Energy and Water Development Appropriations Act, bipartisan legislation that funds U.S. Department of Energy programs and critical water infrastructure projects administered by the Army Corps of Engineers.

U.S. Senators Susan Collins and Angus King welcomed the announcement that the Greater Portland Council of Governments (GPCOG) and the College of the Atlantic will receive a total of $164,650 in grant funding from the U.S. Department of Agriculture (USDA) to further their efforts in energy conservation and develop renewable energy systems. The GPCOG will receive $100,000 and the College of the Atlantic will receive $64,650.

U.S. Senators Susan Collins and Angus King welcomed the announcement that five community organizations in rural Maine will benefit from a total of $206,400 in grant funding from the U.S. Department of Agriculture (USDA). The Houlton Band of Maliseet Indians, Downeast Salmon Federation, Eastport Arts Center, Aroostook Dental Clinic, and Unity Barn Raisers will all receive grants to further their work in Maine communities.

Single-family existing homes in Maine experienced a healthy bump in sales volume and value over the past 12 months. Realtors from across Maine’s 16 counties reported 1,089 sales in March 2016—a 14.63 percent jump from March 2015

U.S. Senators Susan Collins and Angus King announced today that $922,876 will be distributed from the Land and Water Conservation Fund (LWCF) directly to Maine to support conservation and recreation projects in our local communities. The funds, which are generated out of a portion of the lease revenue from offshore oil and gas development, support state-identified and community-supported projects that create jobs, contribute to local economies, and grow outdoor recreational opportunities in virtually every county across the country.

Committee approves Pingree requests for $75 million in spending for PNSY and directs VA to improve health care and homeless services for vets Congresswoman Chellie Pingree used her position on the powerful House Appropriations Committee to get numerous provisions into a defense bill that will help veterans, including those seeking care in the VA, homeless female veterans, veterans who need service dogs and the families of veterans. Pingree also was able to insure that the bill contains $75 million in funding to maintain and modernize the Portsmouth Naval Shipyard.

U.S. Congressman Bruce Poliquin toured HBI’s Carpentry Program at the Penobscot Job Corps Center (PJCC) in Maine. As part of the National Association of Home Builders “Bringing Housing Home” effort, Congressman Poliquin visited the facility in Bangor, where he has worked to protect and create jobs, and support educational opportunities for youth. NAHB and HBI are using this opportunity to raise awareness about housing issues.

U.S. Senators Susan Collins and Angus King today announced a $3.2 million investment from the U.S. Department of Agriculture (USDA) to support the work of the Anson and Madison Water District as it replaces a 12 mile long water transmission main in Somerset County. The investment is comprised of a $800,000 grant and a $2.4 million loan