How $314,000 "Affordable" Apartments Were Planned

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Dear Friend,

Click here to read last week's MaineWire.com article tracing the formerly planned $314,000 low-income apartments by Maine State Housing Authority (MSHA).  After increased scrutiny by the new Board of Commissioners, the MSHA executive director stalled the $314,000 one and two-bedroom units at the Elm Terrace project in Portland.  Last week the executive director approved the 38 "affordable" apartments at a cost to taxpayers of $265,000 each.

Thousands of homeless and disadvantaged Maine families are on waiting lists for safe, warm low-income housing in which to live.  Building a smaller number of expensive apartments is unfair to those families-in-need, and unfair to the taxpayers who pay the bills.

During this Holiday Season, let's refocus our efforts for the New Year to help as many vulnerable fellow Mainers as possible.   MSHA has a role in solving the affordable housing shortage by funneling state, federal, and local taxpayer dollars to construct more and less costly apartments for those families-in-need. 

Best wishes,

Bruce Poliquin
Maine State Treasurer

 

For related information and media, visit www.maine.gov/treasurer/outreach.