More landlords signing up for Maine’s free rental listing service

AUGUSTA, ME - November 3, 2009 - (RealEstateRama) -- Nearly 10,000 apartments, including more than 650 vacancies, are now listed at, the new website that matches landlords with apartments to rent with people looking for an apartment. This new rental listing service is free for both landlords and renters.

New study supports concept that supportive housing for homeless people with disabilities is cost...

AUGUSTA, ME - October 29, 2009 - (RealEstateRama) -- A new study reinforces the concept that providing supportive housing to homeless people with disabilities is less costly and better for the individual than providing no assistance

Governor Addresses Affordable Housing Conference

AUGUSTA, ME - October 20, 2009 - (RealEstateRama) -- Governor John E. Baldacci today delivered opening remarks at the 2009 Maine Affordable Housing Conference at the Augusta Civic Center. The conference, hosted by MaineHousing, highlighted many innovations undertaken at the State level to address housing issues during these challenging economic times.

Groundbreaking at Augusta Greentree Apartments

AUGUSTA - September 24, 2009 - (RealEstateRama) -- Groundbreaking ceremonies for the rehab of the Greentree Apartments in Augusta, one of the first housing developments in the country to receive funding under the Exchange portion of the American Recovery and Reinvestment Act, will occur at 11:30 a.m. Thursday (September 24) at 45 New England Road


September 23, 2009 - (RealEstateRama) -- U.S. Senator Olympia J. Snowe and U.S. Senator Susan Collins today announced that the U.S. Department of Housing and Urban Development has awarded $876,120 in homelessness prevention grant funding to the City of Portland. The funding will be used to help re-house families who have fallen into homelessness in Maine.The funding is being distributed through the American Recovery and Reinvestment Act of 2009. Senators Snowe and Collins worked with a bipartisan group of senators to craft the legislation that became law in February

Bureau of Financial Institutions’ Survey Shows Modest Upward Trend in Foreclosures at Maine Banks...

Professional & Financial Regulation - Financial Institutions. September 21, 2009 - (RealEstateRama) -- Superintendent Lloyd P. LaFountain, III announced this week that recently completed analysis by the Bureau of Financial Institutions of second quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing modest increase in home foreclosures in Maine.

The York County Pilot Project Of The Foreclosure Diversion Program Will Hold Informational Session...

September 21, 2009 - (RealEstateRama) -- Chief Justice Leigh I. Saufley announced that on September 23, 2009 the York County Pilot Project of the Foreclosure Diversion Program will hold its first informational session for homeowners facing mortgage foreclosure. The York County Pilot Project and the Foreclosure Diversion Program are the result of the recently enacted P.L. 2009, ch. 402, An Act To Preserve Home Ownership and Stabilize the Economy by Preventing Unnecessary Foreclosures. In accordance with the new law, the Supreme Judicial Court will establish a statewide program to provide mediation services in certain residential foreclosure actions in Maine. Although the Act requires that the mediation program be available statewide in 2010, the Court launched the Pilot Project on August 3, 2009, in York County to gain a better understanding before the Diversion Program is offered throughout the State. This first informational session will be held at the District Court in Springvale


Washington, D.C. - September 17, 2009 - (RealEstateRama) -- U.S. Senator Olympia J. Snowe (R-Maine) today announced that $4.3 million in federal funding for projects in Maine has been included in the fiscal year (FY) 2010 Transportation and Housing and Urban Development spending bill, which passed the Senate today by a vote of 73 to 25.

MaineHousing warns consumers of possible financial assistance scam

AUGUSTA, ME - September 17, 2009 - (RealEstateRama) -- Maine homeowners receiving a recorded phone message from someone telling them to call "Maine Housing Authority" to help with foreclosure or to refinance their mortgage may be victims of a scam, state housing officials warned today

Governor Announces $11.4 million in Federal Recovery Funds for Wood Energy Projects

AUGUSTA, ME - August 20, 2009 - (RealEstateRama) -- Gov. John E. Baldacci today announced that the Maine Forest Service, under the Maine Department of Conservation, will receive more than $11.4 million in federal recovery funds to convert at least 15 public buildings to wood or dual-fuel heating.

Governor Applauds New Affordable Housing Units in Portland

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 - (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.

Snowe, Cardin Announce Bill to Guarantee Quality of Mortgage Securities

Washington, D.C. - August 6, 2009 - (RealEstateRama) -- U.S. Senators Olympia J. Snowe (R-Maine) and Ben Cardin (D-Md.) today introduced legislation to increase the trustworthiness of the nation’s mortgage security market through the establishment of a Federal Board of Certification for mortgage securities.

HUD Secretary announces disaster assistance for Maine storm victims

Foreclosure protection offered to displaced families in 8 counties. WASHINGTON, DC - July 31, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 8 storm-ravaged counties in Maine and provide support to homeowners and low-income renters forced from their homes due to recent severe storms, flooding and landslides.

Maine to Receive $10,690,750 to Boost Affordable Housing Construction

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.


Maine Real Estate & Development Association Names New President and Announces...

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.


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