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LD 2116·ME·house

An Act To Make Permanent The Affordable Housing Income Tax Credit

Signed into LawFiled Jan 7, 2026
Sponsor: Ambureen RANA (D)
Latest Action

Signed by Governor

Apr 15, 2026

Summary

The bill eliminates the 2028 sunset for Maine’s affordable‑housing tax credit, allowing it to continue indefinitely. It keeps annual caps on how much credit can be allocated and reserves a portion for rural development projects. The change helps developers and low‑income renters by preserving a key financing tool.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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