BREAKING NEWS – MAINEHOUSING RECEIVES FUNDING FOR LEAD ABATEMENT
MaineHousing received news that their application for $2.4 million in funding to continue their Lead Hazard Control Program was awarded in the Spring 2012. They are in the process of developing final rules and procedures, but if the program remains similar to past years it will offer: Up to $16,000 in grant funds to eligible owner occupied homeowners to make lower-income homes in Maine lead safe, and up to $10,000 per unit with a 10 unit maximum per landlord for lead safety improvements. The loan is forgiven after 5 years for multifamily property owners, provided the property isn’t refinanced or sold during that time and rental units are kept affordable.
Making homes lead safe may involve paint removal or stabilization and window and door replacement, among other typical improvements.
Interested landlords and homeowners from Penobscot, Piscataquis, Knox Counties, Kennebec, and Somerset Counties should contact Rob Seavey at [email protected] or by calling 973-3552, and we’ll be sure to keep you posted on how to participate in this newly funded program.
Check back on this link for program rules, applications, etc. as they become available.