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A developer is proposing to build more than 100 new homes and about 40 new townhouses on currently wooded property behind the antiques shop at 502 Post Road in Wells, Maine.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
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The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
(The Center Square) — Chronic workforce shortages and a lack of affordable housing are throttling down Maine's economic growth, according to a new report that calls for increased funding and ...
Jan. 9—During the 12-month period that ended last July 1, 17,600 Maine people died. During that same period, there were only 11,300 births. Basic arithmetic would tell us that means Maine's ...
The definition of mixed income housing is broad and encompasses many types of dwellings and neighborhoods. Generally speaking, a mixed income housing development includes diverse types of housing units, such as apartments, townhomes, and/or single-family homes for a people with a range of income levels.
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