MaineHousing financing and 45-year commitment for Landry Heights

MaineHousing is expected to provide over $6 million in combined subsidy and debt to the Landry Heights affordable senior housing project and will enter a 45‑year Extended Low‑Income Housing Commitment Agreement governing affordability restrictions. The agreement will be executed at closing and recorded in the Cumberland County Registry of Deeds.

Scope & details

The full contract record, as filed.

Contract amount

MaineHousing Subsidy: $3,085,262; MaineHousing Debt: $2,908,044

Contract type

FINANCIAL_SERVICES

Contract term

Extended Low-Income Housing Commitment Agreement for 45 years, executed at closing and recorded

Renewal

Agreement provides a 45‑year extended low‑income housing commitment; no renewal terms specified beyond that period.

Document type

Agreement

Source document

City of South Portland Development Program and Credit Enhancement Agreement 2025-08-12

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City of Bangor AgendaPacket Government Operations Committee Meeting 2026-08-03

DISCUSSED

Bangor Public Schools, MaineAug 3, 2026

Portland Housing Development Corporation Board of Directors Annual Meeting Agenda Packet 2026-07-09

APPROVED

Portsmouth Housing Authority, New HampshireJul 9, 2026

Lewiston Housing Board of Commissioners Agenda Packet 2026-05-26

PENDING

Lewiston Housing Authority, MaineMay 26, 2026

town_of_kittery_planning_board_review_notes_septem.pdf

pending

Town of Kittery, Maine$2,000,000Sep 25, 2025

washington_county_affordable_housing_options_repor.pdf

ONGOING

Maine State Housing Authority, MaineSep 25, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Portland Public Schools?

MAINEHOUSING was awarded this financial services contract by South Portland Public Schools, as recorded on August 12, 2025. The contract value is MaineHousing Subsidy: $3,085,262; MaineHousing Debt: $2,908,044.

How much is the MAINEHOUSING contract with South Portland Public Schools worth?

The MAINEHOUSING contract with South Portland Public Schools is valued at MaineHousing Subsidy: $3,085,262; MaineHousing Debt: $2,908,044, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in City of South Portland Development Program and Credit Enhancement Agreement 2025-08-12 (Agreement), dated August 12, 2025 from South Portland Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MAINEHOUSING hold?

MAINEHOUSING may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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