LD 1424·ME·senate
An Act To Authorize A General Fund Bond Issue For Investment In Workforce Housing And Raise Certain Income Eligibility Limits In The Affordable Homeownership Program
FailedFiled Apr 1, 2025
Sponsor: Matthea DAUGHTRY
Latest Action
Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).
Apr 29, 2026
Summary
The bill would let Maine issue up to $10 million in general‑fund bonds, with the money used by the State Housing Authority to build workforce housing in federally designated opportunity zones. It also directs the Authority to increase the income ceiling for buyers in its Affordable Homeownership Program from 120% to 150% of area median income in most counties. The measure requires voter approval and failed to pass the Senate.
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