MaineLD 2057132nd Maine Legislature (2025-2026)Senate

An Act to Support Rehabilitation and Development of Affordable Housing

Sponsored By: Glenn Curry

Signed by Governor

HOUSINGHOUSING - MANUFACTURED HOUSING

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Maine expands housing construction loan options

The Maine State Housing Authority can make construction loans for housing programs authorized by state law. Loans no longer require a financial institution partner or remain limited to low-income housing projects. The law also removes prior participation thresholds and requirements to hold money in escrow. The Authority sets application rules, borrower qualifications, housing location and construction standards, fees, and limits on interest rates or lender returns. The law provides no specific funding amount and does not require the Authority to approve any loan.

Sponsors & Cosponsors

Sponsor

  • Glenn Curry

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 96 • No: 80

House vote • 3/25/2026

acc maj otp-am by ca "a"

Yes: 74 • No: 67

Senate vote • 3/24/2026

ACCEPT MAJORITY OUGHT TO PASS AS AMENDED REPORT

Yes: 22 • No: 13

Actions Timeline

  1. Signed by Governor, ACTPUB Chapter 614

    4/3/2026
  2. PASSED TO BE ENACTED, in concurrence.

    3/30/2026Senate
  3. PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.

    3/26/2026House
  4. Reports READ.On motion of Representative GERE of Kennebunkport, the Majority Ought to Pass as Amended Report was ACCEPTED.ROLL CALL NO. 675(Yeas 74 - Nays 67 - Absent 8 - Excused 1 - Vacant 1)The Bill was READ ONCE.Committee Amendment "A" (S-575) was READ and ADOPTED.Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (S-575). In concurrence. ORDERED SENT FORTHWITH.

    3/25/2026House
  5. Reports READ. On motion by Senator CURRY of Waldo The Majority Ought to Pass As Amended by Committee Amendment "A" (S-575) Report ACCEPTED. Roll Call Ordered Roll Call Number 788 Yeas 22 - Nays 13 - Excused 0 - Absent 0 Bill READ ONCE. Committee Amendment "A" (S-575) READ and ADOPTED. Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED by Committee Amendment "A" (S-575) Sent down for concurrence.

    3/24/2026Senate
  6. Received by the Secretary of the Senate on December 15, 2025 and REFERRED to the Committee on HOUSING AND ECONOMIC DEVELOPMENT pursuant to Joint Rule 308.2

    12/15/2025Senate

Bill Text

  • Amendment C-A (S-575), adopted by House & Senate

  • Enacted

  • Introduced

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