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Click here to listen to Treasurer Poliquin ask why taxpayers should be expected to build low-income apartments at nearly double the cost of the median single-family home in Maine. The planned 35 Elm Terrace "affordable" apartments in Portland would be financed with taxpayer dollars through Maine State Housing Authority (MSHA). Each 1,100-square-foot unit is budgeted to cost $314,000.
There are 6,500 homeless and disadvantaged Maine families hoping to find a safe and affordable place to live. Wasting precious taxpayer dollars on a small number of excessively expensive apartments is unfair to the taxpayers footing the bill, and to those families struggling to have a warm place to call home.
The 12-minute radio broadcast was recorded on Thursday, November 17.
Bruce L. Poliquin
For related information and media, visit www.maine.gov/treasurer/outreach.