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Feb. 17—The Maine Public Utilities Commission approved a one-time $90 bill credit Thursday for approximately 90,000 low-income customers of Central Maine Power and Versant Power to help offset ...
A press release from the Department of Health and Human Services on June 5, 2013, indicates that $187.4 million was released to states to help low-income homeowners and renters with rising energy costs. This funding supplements $3.065 billion in grants made available earlier in the year through the Low-Income Home Energy Assistance Program ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
In Maine, moderate income is defined as up to $70,000 for an individual or up to $100,000 for married couples filing jointly. Maine also offers up to $2,000 in tax credits for EV buyers of any ...
Tax increment financing in the state of Maine allows a town or city to define, after applying to the state, a certain region or business within its borders as a TIF district. The local tax revenues generated by that district are, one, dedicated to a specific project or economic development fund, and two, are not counted towards the municipality ...
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Jun. 15—An updated statewide energy code for new homes and commercial buildings in Maine takes effect July 1, adding to the state's effort to fight climate change in a sector responsible for ...
Males had a median income of $25,707 versus $19,531 for females. The per capita income for the town was $13,238. About 14.1% of families and 19.5% of the population were below the poverty line , including 31.1% of those under age 18 and 10.3% of those age 65 or over.