Housing trust fund

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the Maine State Housing Authority $3,134,373.20 under the Housing Trust Fund formula grant program on September 23, 2025, to expand and preserve the supply of affordable rental housing for extremely low-income and very low-income households. The award funds the production, preservation, and rehabilitation of rental housing targeted to extremely low-income households. The grant carries a period of performance through September 23, 2032, with performance taking place in Augusta, Maine. Grantees must commit all funds to projects within 24 months and expend funds within five years. The Maine State Housing Authority, Maine's designated state housing agency, administers comprehensive housing affordability and community development programs across the state, including the Low-Income Home Energy Assistance Program, HOME Investment Partnerships Program, Emergency Solutions Grant, and Continuum of Care Program, and frequently partners with community action agencies, nonprofit organizations, local governments, and state departments to deliver services.