An Act to Authorize a General Fund Bond Issue for Investment in Workforce Housing and Raise Certain Income Eligibility Limits in the Affordable Homeownership Program

This bill proposes a $10,000,000 bond issue to fund the construction of workforce housing in Maine's opportunity zones. If approved by voters, the Maine State Housing Authority would use these funds. Additionally, the bill directs the Maine State Housing Authority to raise the income limit for homebuyers in its Affordable Homeownership Program from 120% to 150% of the area median income in most counties.

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