The Maine State Housing Authority works to place Maine's low and middle income populations into affordable, lasting housing. By working with banks and other qualified lenders, along with public services grants and loans, the MSHA can work out arrangements that benefit all parties. In doing so, the Maine State Housing Authority can get the most out of the available resources while benefiting the population at large, as well as selling mortgage bonds for living assistance. Every year Maine Housing dispersese millions of dollars and places thousands of families and individuals into affordable living situations.
Governor John E. Baldacci today announced good news for Maine low-income households concerned about keeping safe and warm this winter. Maine will receive an additional $30 million in federal funding for the Low Income Home Energy Assistance Program (LIHEAP). “Today’s announcement, coupled with the higher funding and eligible income level previously announced for LIHEAP and falling oil prices, make the home heating situation for our low-income households brighter now than they appeared a month ago,” Governor Baldacci said. MaineHousing Director Dale McCormick said today’s announcement of additional funding will bring the average federal benefit for eligible LIHEAP households to $792. Prior to the release of additional funds, the average benefit was estimated at $557.
Maine to receive additional $30 Million in Housing Funds
