An Act to Authorize a General Fund Bond Issue to Provide Funding for Affordable and Low-income Housing Programs

This bill proposes a $100,000,000 bond issue to fund affordable and low-income housing programs through the Maine State Housing Authority. If approved by voters, the money would support programs for rural rentals, low-income housing tax credits, affordable homeownership, and home repairs. Twenty percent of the funding for rural rentals, tax credits, and homeownership would be set aside for projects using modular construction.

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