Six affordable housing developments have been selected to share $3.4 million in federal low-income housing tax credits in Maine.
The projects will create or rehabilitate 324 affordable housing units in Augusta, Biddeford, Lewiston, Old Orchard Beach, and Portland. Combined, the development projects total about $52.4 million.
“I was very pleased with the quality of the applications this year,” said MaineHousing Director John Gallagher in a statement. “The selected projects will provide much-needed, quality affordable housing for working people in Maine.”
MaineHousing received 15 applications, and six were selected based on scores. The projects are scored against Maine’s qualified allocation plan, which allocates points based on keeping construction costs down, rental affordability, access to services and transportation, and other factors.
The projects are:
- Hodgkins School: 47 units of elderly housing in Augusta. The developers are Augusta Housing Authority in partnership with Coastal Enterprises.
- The Lofts at Saco Falls: 80 units for families in Biddeford. The developer is The Szanton Co. of Portland.
- Bayside Anchor Apartments: 45 units for families in Portland. The developer is Portland Housing Authority.
- Pierce Place: 62 units for families in Lewiston. The developer is Phyllis St. Laurent of Bristol. Twenty-nine units will replace those lost to arson in 2013.
- The Pines: 60 units for elderly tenants in Old Orchard Beach. The developer is The Pines at Orchard Park.
- Bishop Street Apartments: 30 units for persons who are homeless in Portland. The developer is Avesta Housing Development Corp.