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Top Industry Highlights: 8/14 - 8/17

18 Aug 2023 5:30 PM | Anonymous

August 15: Portland voters will again consider rent control changes this November 

A citizen-initiated rent control proposal would exempt housing providers with nine or fewer units from Portland’s current rent control ordinance. Portland voters will see the proposal on the November ballot. 

Read the full article here. 
 
August 15: Portland reports fewer people living in tents, more placed in housing 

The Portland Encampment Crisis Response Team reported their best week helping connect 12 individuals living in Portland encampments with housing. Portland plans to break up the Fore River encampment in early September, where 54 tenants are currently located. The city hopes to connect everyone with housing before then. 

Read the full article here. 

August 15: Challenges in tax credit market could harm seven affordable Maine housing projects 

The nonprofit Evernorth reported that funding for seven affordable housing projects in Maine is in jeopardy. Evernorth informed developers of the issues of raising enough money from tax credits. 

Read the full article here. 

August 16: Temporary shelter for asylum seekers closes in Maine's largest city 

On Wednesday, the Portland Expo closed as a temporary shelter. Those living in the shelter have been moved to hotels in Freeport and Lewiston. 

Read the full article here. 

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