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LD 690·ME·senate

An Act To Authorize A General Fund Bond Issue To Provide Funding For Affordable And Low-Income Housing Programs

FailedFiled Feb 20, 2025
Sponsor: Teresa PIERCE
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 $100 million in general‑fund bonds, with proceeds earmarked for the State Housing Authority’s rental, tax‑credit, homeownership and repair programs. Twenty percent of the funding for three of those programs must go to projects that use modular construction. The bond issue would only take effect if voters approve it in a statewide referendum.

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