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 Home : Partners Homepage : Programs
Click on a category below for quicklinks to all of the programs offered at MaineHousing.  | Homebuyer Assistance | |  | | | The Gift of Green provides a grant to help eligible homebuyers with their downpayment and closing costs, and a coupon for a home energy audit. | | | | MaineHousing’s low, fixed rate mortgages are now available to eligible homebuyers in the 16 cities and towns most affected by the closing of the Brunswick Naval Air Station – even if they are not first time homebuyers. | | | | The First Home Program provides low fixed rate mortgages to people who have not owned homes in the last three years. No point and low point options are available. Although income limits apply, most Maine households are income-eligible for the program. First Home mortgages also offer payment protection for eligible borrowers who lose their jobs. | | | | Operation New Home provides low fixed rate mortgages to veterans and active duty military personnel. No point and low point options are available. Although income limits apply, most Maine households are income-eligible for the program. People who are already homeowners are eligible, but they must be purchasing a home that will be used as their primary residence.
| | | | The Disaster Assistance Loan Programs offer low-interest rate mortgages to homeowners whose homes are damaged or destroyed in a declared natural disaster. MaineHousing offers this program through participating lenders. | | | | This program provides mortgage insurance for homes located on tribal lands where restrictions on ownership prevent lenders from holding a mortgage on the property. The program is offered through several participating lenders. | | | Home Improvement Assistance | | | | | This program provides 1% loans or deferred, forgivable mortgages to low-income homeowners for basic home repairs. | | | | This program provides 0%, deferred, forgivable loans (no interest and no monthly payment) to make lower-income homes lead safe. The program is offered through four Community Action Program agencies. | | | | MaineHousing’s Weatherization Program and Central Heating Improvement Program (CHIP) provide grants to low-income homeowners and renters to improve home energy performance. MaineHousing offers these programs to consumers through Community Action Program agencies, who screen people for eligibility as part of the LIHEAP application process. | | | | The HELP program provides very low-interest rate loans to low- and moderate-income homeowners to finance improvements to make their homes more energy efficient. MaineHousing offers this program through participating lenders. | | | | The Disaster Assistance Loan Programs offer low-interest rate mortgages to homeowners whose homes are damaged or destroyed in a declared natural disaster. MaineHousing offers this program through participating lenders. | | | Rental Assistance | | | | | The Section 8 Housing Choice Voucher Program provides rental assistance to income-eligible tenants by subsidizing a portion of their monthly rents and paying it directly to their landlords. The program is offered to consumers through Community Action Program agencies in some parts of Maine, and directly by MaineHousing in others. | | | | The Rental Assistance Coupon Plus Program (RAC+ Program) offers rental assistance to eligible people who have been homeless for seven or more consecutive days and who are willing to participate in a self-sufficiency program. MaineHousing accepts applications for this program directly, and works with homeless service providers and other partners to identify eligible participants. | | | Energy Assistance | | | | | The Low Income Home Energy Assistance Program (LIHEAP) provides money to help low-income homeowners and renters with home heating costs. It also provides emergency fuel and funds home weatherization, and it serves as a gateway to other programs and services that require LIHEAP eligibility. MaineHousing offers this program to consumers through Community Action Program agencies. | | | | Low Income Assistance Plans (LIAP) offered by electric utilities help low-income homeowners and renters with electricity costs. MaineHousing, through Community Action Program agencies, accepts customer applications for LIAP as part of the LIHEAP application process. If a customer appears to be eligible, their electric utility is notified. | | | | MaineHousing’s Weatherization Program and Central Heating Improvement Program (CHIP) provide grants to low-income homeowners and renters to improve home energy performance. MaineHousing offers these programs to consumers through Community Action Program agencies, who screen people for eligibility as part of the LIHEAP application process. | | | | The HELP program provides very low-interest rate loans to low- and moderate-income homeowners to finance improvements to make their homes more energy efficient. MaineHousing offers this program through participating lenders. | | | | The Appliance Replacement Program helps low-income people to reduce their energy costs by replacing older home appliances that are inefficient and expensive to operate. MaineHousing offers this program to consumers through Community Action Program agencies, who screen people for eligibility as part of the LIHEAP application process. | | | | This program provides low interest loans for multifamily housing improvements that increase energy efficiency and conservation of resources, thereby preserving the quality of housing for Maine residents and reducing property operating expenses. Property owners who make improvements identified in an energy audit may reduce energy consumption by 15% to 20% annually. | | | | This program provides low-income homeowners of pre-1976 mobile homes low interest and no interest ENERGY STAR® mortgages. | | | Homeless Assistance | | | | | The Rental Assistance Coupon Plus Program (RAC+ Program) offers rental assistance to eligible people who have been homeless for seven or more consecutive days and who are willing to participate in a self-sufficiency program. MaineHousing accepts applications for this program directly, and works with homeless service providers and other partners to identify eligible participants. | | | | MaineHousing provides homeless assistance grants to emergency shelters serving people who are homeless. | | | Housing Development | | | | | The federal Low Income Housing Tax Credit (LIHTC) provides subsidy in the form of a federal tax credit to developers of affordable rental housing. Developers using funding must reserve a portion of the rental units for lower income renters. MaineHousing allocates the LIHTC to developers who sell (syndicate) the tax credit to corporate investors. The money this raises is used as equity in the rental housing project. | | | | The Rental Loan Program (RLP) provides long-term mortgage financing at attractive interest rates for development of affordable rental housing. The RLP may be used for acquisition, acquisition and rehab, or new construction of apartment buildings of five or more units; developers must reserve a portion of the units for lower income renters. | | | | The Supportive Housing Programs (SHP) provide reduced interest rate debt financing and subsidy funds to eligible nonprofit developers to create housing for low- and very low- income persons with special needs. | | | | The Affordable Subdivision Program provides interest free, forgivable loans to developers to help fund affordable homes in new subdivisions. MaineHousing provides up to $15,000 per affordable home, with a maximum of $300,000 per subdivision. Due to the popularity of this program, program dollars have all been committed and we are not accepting additional applications at this time. | | | | This program provides loans up to $300,000 to assist nonprofit developers of affordable housing with site acquisition. | | | | The Pre-Development Loan (PDL) Program provides interest-free funds of up to $60,000 for 24 months to help nonprofit developers of affordable housing start their projects. There is no payment until the end of the loan term or until the project’s construction financing is secured. | | | | This program offers a flexible financing tool that communities can use to assist affordable housing projects and support related infrastructure and facilities, including local schools. | | | | The Loan Modification Program offers owners of MaineHousing-financed multi-family properties the opportunity to restructure MaineHousing debt by modifying interest rates, extending loan terms, or both. Loans from MaineHousing’s Rental Loan Program, loans subject to HAP contracts, and loans subject to a FAF Refunding Agreement may be eligible for modification. | | | | The Subsequent Loan Program provides additional financing to owners of existing MaineHousing-financed properties for such things as unanticipated operating shortfalls, capital improvements, property rehab, energy efficiency improvements, creation of new units, and equity takeout. In return for the subsequent loan, owners usually must extend affordability of the units. | | | | This program provides low interest loans for multifamily housing improvements that increase energy efficiency and conservation of resources, thereby preserving the quality of housing for Maine residents and reducing property operating expenses. Property owners who make improvements identified in an energy audit may reduce energy consumption by 15% to 20% annually. | | | Property Management | | | | | The Loan Modification Program offers owners of MaineHousing-financed multi-family properties the opportunity to restructure MaineHousing debt by modifying interest rates, extending loan terms, or both. Loans from MaineHousing’s Rental Loan Program, loans subject to HAP contracts, and loans subject to a FAF Refunding Agreement may be eligible for modification. | | | | The Subsequent Loan Program provides additional financing to owners of existing MaineHousing-financed properties for such things as unanticipated operating shortfalls, capital improvements, property rehab, energy efficiency improvements, creation of new units, and equity takeout. In return for the subsequent loan, owners usually must extend affordability of the units. | | | | This program provides low interest loans for multifamily housing improvements that increase energy efficiency and conservation of resources, thereby preserving the quality of housing for Maine residents and reducing property operating expenses. Property owners who make improvements identified in an energy audit may reduce energy consumption by 15% to 20% annually. | |
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