New report unveils roadmap for Maine to escape housing shortage [Video]

A report from 2024 revealed that Maine’s housing stock would need 84,000 new homes by 2030 in order to solve its housing shortage. Now, a new report from the independent firm HR&A Advisors has outlined a roadmap with several suggestions for the state to reach that goal.Then, each recommendation is divided into three major strategies: Streamlining Processes and Building Public Capacity, Incentivizing Production and Increasing Transparency, and Strengthening the Private Sector.Laura Mitchell from the Maine Affordable Housing Coalition says many of the ideas in the report reaffirmed things they have already been advocating for.“A lot of the recommendations were things that we’ve been talking about and advocating for, from investing in the state historic tax credit to improving regulatory processes and permitting in the state and local, and so we’d love to see that,” Mitchell said.The report also suggests that the state provides incentives to certain communities where more housing …