Mainehousing

He’s hopeful that some additional funding from MaineHousing, expected to be released next month, could help move the project forward.

As part of MaineHousing’s Affordable Home Ownership Program, the units will be reserved for people making within 120% of the area median income.

Frost said MaineHousing has declined requests to use state bonds for projects in the past, and doesn’t see the state agreeing to that kind of arrangement with the city.

Klein is tasked with working with MaineHousing to reimagine the continuum of care with a new structure, new board of directors and governance charter.

MaineHousing’s financing is geared toward providing housing that is affordable to those with low and middle incomes.

MaineHousing previously received an additional $2.8 million of federal funding for the energy assistance program to deal with the impact of the pandemic through September 2021.