You may be eligible if you: Are purchasing a home in Maine (mobile homes in parks are excluded) Meet income eligibility guidelines Have been approved for a first mortgage Have completed a 10-hour hoMEworks homebuyer education class You do not have to participate in MaineHousing’s First Home Program to be eligible for the Maine American Dream Initiative program. However, First Home mortgages may offer lower interest rates than conventional mortgages and can help make your mortgage payment more affordable.
You may apply for a MADI loan at your local Community Action Program Agency (CAP) : Aroostook Aroostook County Action Agency, Presque Isle Jeff Heron 768-3023 Androscoggin and Oxford Community Concepts, Inc., Auburn Deb Trenoweth 333-6407 Cumberland People’s Regional Opportunity Program, Portland Ellen Fogg 553-5905 Franklin Western Maine Community Action Program, East Wilton Diane Haley 645-3764, x5527 Kennebec & Somerset Kennebec Valley Community Action Program, Waterville Kim Moulton 859-1637 Lincoln and Sagadahoc Midcoast Maine Community Action, Bath Carole Thomas 442-7963 Penobscot, Piscataquis, Knox and Waldo Penquis Community Action Program, Bangor Dana Ward 973-3555 Washington and Hancock Washington Hancock Community Agency, Milbridge Mary Boylan 546-7544, x3320 York York County Community Action Corp., Sanford Jennifer Gordon 459-2959 For more information, see the related documents or contact: Homeownership Department Email Us (207) 626-4663
MaineHousing ▪ 353 Water Street ▪ Augusta, Maine 04330 ▪ (800) 452-4668 ▪ (207) 626-4600 ▪ TTY (800) 452-4603 ▪ Fax (207) 626-4678