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MaineHousing
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Finances affordable housing for low-income residents
MaineHousing
Work Here?
Finances affordable housing for low-income residents
Overview
MaineHousing finances and supports affordable housing in Maine by raising private capital through tax-exempt mortgage revenue bonds. Proceeds fund home loans, down payment and closing-cost assistance, rental subsidies (Section 8), and the development and rehabilitation of affordable rental housing, along with LIHTC and rural housing programs. It is self-funded and does not use state general funds; mortgage income repays investors and covers operating costs. Its goal is to increase safe, affordable housing for Maine residents and support the state’s housing market, aiding over 90,000 households annually.
About MaineHousing
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Simplify's Take
What believers are saying
- MaineHousing issued $112.25 million of bonds on February 26, 2026.
- It awarded over $2 million on August 10, 2026 to prevent student homelessness.
- 2025 brought 1,274 first-home loans and 755 affordable units completed statewide.
What critics are saying
- Housing affordability worsened in MaineHousing's January 9, 2026 outlook report.
- The Legislature cut 2026 state ceiling allocations to $47.625 million, squeezing issuance capacity.
- Federal delays already hit HEAP in 2025; a funding freeze cripples core operations.
What makes MaineHousing unique
- MaineHousing combines bond finance, vouchers, and development tools under one statewide mandate.
- Its self-funded model avoided general-fund dependence, with $3.1 billion financed assets.
- 2026 bond programs still fund LIHTC projects and rural housing statewide.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Remote Work Options
Flexible Work Hours
Hybrid Work Options
Paid Holidays
Employee Assistance
MaineHousing is Hiring for 2 Jobs on Simplify!
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About MaineHousing
Industries
Government & Public Sector
Social Impact
Financial Services
Real Estate
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
MaineHousing is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today