June 20: Hotel group scoops up Saco dorm to help with workforce housing
The Migis Hotel Group recently purchased a 6,076-square-foot student dormitory to offer workforce housing for its professional restaurant employees at Higgins Beach Inn and Black Point Inn. The space currently includes 11 rooms, which the Migis Hotel Group plans to convert over the winter into six two-bedroom units.
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June 20: Portland on track to reach goal for new housing units, report finds
According to a new study, Portland approves more housing than larger major cities, including Boston and New York City. The City of Portland currently aims to add 2,557 housing units by 2027. Portland is set to meet this goal by 2025 and exceed it by over 1,000 units come 2027.
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June 21: Preble Street to create new transitional housing for teens in Biddeford
Preble Street received a grant from MaineHousing for $348,000. They plan to use the funding to create transitional housing units in Biddeford for youths. The additional housing will support up to 12 youths. Preble Street plans to remodel an existing building for the project.
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June 21: Brunswick approves new affordable housing rules amid ‘crisis’
On Tuesday, the Brunswick town council approved new rules requiring new apartment developments with at least 15 rental units to have 15% of their units priced affordably. The ordinance also gives developers a “’density bonus’ to build more apartments than are typically allowed, as long as the apartments are priced affordably to households earning up to 120% of the region’s median income.”
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June 21: Rhode Island company invests $8.4M in Portland affordable housing
CVS Health, Community Housing of Maine, the Portland Housing Authority and Boston Financial are partnering on a new project that will provide affordable housing for older adults. The Project Winter Landing is redeveloping the former Northern Light Mercy Hospital’s State Street building and parking lots. Fifty-two units will be designated affordable housing for adults aged 62 and over. The entire project is made up of 250 mixed-rate apartments and commercial retail spaces.
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