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132nd MAINE LEGISLATURE
FIRST REGULAR SESSION-2025
Legislative Document No. 1167
H.P. 772 House of Representatives, March 20, 2025
Resolve, to Create a Pilot Program to Assist Nonprofit Housing
Developers in Rehabilitating Existing Aging Housing Stock for
First-time Home Buyers
Reference to the Committee on Housing and Economic Development suggested and
ordered printed.
ROBERT B. HUNT
Clerk
Presented by Representative MCCABE of Lewiston.
Cosponsored by Senator ROTUNDO of Androscoggin and
Representatives: ABDI of Lewiston, BELL of Yarmouth, CLOUTIER of Lewiston, DEBRITO
of Waterville, GEIGER of Rockland, SHAGOURY of Hallowell.
Page 1 - 132LR1529(01)
1Sec. 1. Maine State Housing Authority to create pilot program. Resolved:
2 That the Maine State Housing Authority shall create a pilot program, referred to in this
3 resolve as "the program," to issue grants to nonprofit housing developers to rehabilitate
4 existing aging housing stock in the State. The program must rehabilitate 15 units, and a
5 grant issued by the program may be in an amount up to $80,000 per unit.
6Sec. 2. Program grant uses. Resolved: That a grant from the program may be
7 used to rehabilitate an existing single-family or multifamily structure, including lead paint
8 mitigation, energy efficiency improvement or upgrading, repairing or replacing the unit's:
9 1. Well;
10 2. Heating system;
11 3. Electrical system;
12 4. Roof;
13 5. Chimney;
14 6. Structure;
15 7. Windows;
16 8. Doors;
17 9. Siding; or
18 10. Accessibility for persons with disabilities or persons who experience physical
19 barriers in living in the unit.
20Sec. 3. Home buyer eligibility. Resolved: That a unit renovated by the program
21 must be available for purchase by a first-time home buyer who will occupy the unit and has
22 an income that does not exceed 120% of the area median income and who agrees that:
23 1. If the home buyer sells the unit within the first 12 months of ownership, the home
24 buyer retains 25% of any profit gained from the sale and 75% of the profit is returned to
25 the nonprofit housing developer;
26 2. If the home buyer sells the unit within the first 13 to 24 months of ownership, the
27 home buyer retains 50% of any profit gained from the sale and 50% of the profit is returned
28 to the nonprofit housing developer;
29 3. If the home buyer sells the unit within the first 25 to 36 months of ownership, the
30 home buyer retains 75% of any profit gained from the sale and 25% of the profit is returned
31 to the nonprofit housing developer; and
32 4. If the home buyer sells the unit after 36 months of ownership, the home buyer retains
33 100% of any profit gained from the sale.
34Sec. 4. Appropriations and allocations. Resolved: That the following
35 appropriations and allocations are made.
36HOUSING AUTHORITY, MAINE STATE
37Existing Housing Stock Rehabilitation Program N510
Page 2 - 132LR1529(01)
1 Initiative: Provides one-time funds for a pilot program that provides grants to nonprofit
2 housing developers to rehabilitate existing aging housing stock for purchase by qualified
3 first-time home buyers.
GENERAL FUND 2025-26 2026-27
All Other $1,200,000 $0
__________ __________
GENERAL FUND TOTAL $1,200,000 $0
4SUMMARY
5 This resolve directs the Maine State Housing Authority to create a pilot program to
6 provide nonprofit housing developers grants of up to $80,000 per unit to rehabilitate
7 existing aging housing stock for purchase by first-time home buyers who will occupy the
8 unit and whose income does not exceed 120% of the area's median income and who agree
9 to relinquish a graduated percentage of profit if they sell the unit within the first 3 years of
10 ownership.
15 The resolve also provides $1,200,000 to fund the pilot program.
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