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Mills releases bonds for senior housing that LePage blocked for 3 years

AUGUSTA — Democratic Gov. Janet Mills signed off Tuesday on a $15 million state borrowing package that was approved by voters more than three years ago and meant to bolster the state’s stock of affordable housing for senior citizens. The bonding package was approved by voters in November 2015. Mills’ predecessor, Republican Gov. Paul LePage,

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See where housing is threatened in Maine because of the shutdown

The government shutdown could jeopardize the housing of more than 500 households in Maine that rely on federal assistance to afford their rent. Those Mainers are among 70,000 to 85,000 low-income households across the country that could be destabilized within weeks as a result of the shutdown, according to a letter housing advocates issued Tuesday to U.S.

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Mills to authorize sale of long-stalled senior housing bonds

Gov. Janet Mills and Maine Treasurer Henry Beck plan to move forward with the sale of $15 million in senior housing bonds that were approved by voters three years ago but have yet to be tapped. In November 2015, 69 percent of voters endorsed the $15 million borrowing package in order to help pay for

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Avesta Housing, Androscoggin Bank announce new hires

NEW HIRES Avesta Housing announced the following new hires: Marcella Bryant recently joined Avesta as the strategic planning and research officer. Bryant was previously the director of data and evaluation at The Community Builders in Boston, where she worked for eight years.   Michael L. Rayder joined Avesta as the associate director of development. Rayder most recently

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Nine housing projects in Maine receive federal aid

More than $15.3 million in grants and loans have been awarded to help finance nine projects to provide affordable housing in Maine. The financing packages were announced Monday by the Federal Home Loan Bank of Boston, a cooperative bank that provides financial housing aid in the six New England states. The FHLB announced the financing

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Portland remains committed to 150-bed homeless shelter

PORTLAND — City officials know a 150-bed homeless shelter will not be built on the grounds of the Barron Center. But where it goes and how long it may take to develop partnerships for more specialized care for the city’s homeless remains unsettled. “This is a very good path we are on to reduce overall

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City & Development Corporation Honor Four Local Businesses on December 6

Four local Portland businesses/organizations will be recognized on December 6 by the City of Portland and the Portland Development Corporation (PDC) at this year’s annual awards ceremony for their role in expanding the city’s economic vitality and quality of life. Avesta Housing will receive the 2018 Economic Development Achievement Award. Receiving the 2018 Business of the Year Award is Tilson Technology Management. Harbor Fish

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