Bill
LD 1016
Overview: LD 1016, An Act To Establish The Manufactured Housing Community And Mobile Home Park Preservation And Assistance Fund, signed by the Governor.Purpose and Intent: This leg
Overview: LD 1016, An Act To Establish The Manufactured Housing Community And Mobile Home Park Preservation And Assistance Fund, signed by the Governor.
Purpose and Intent: This legislation aims to create a dedicated fund to support the preservation and improvement of manufactured housing communities and mobile home parks in Maine. The goal is to help maintain the affordability and quality of these important sources of low-cost housing.
Key Provisions:
- Establishes the Manufactured Housing Community and Mobile Home Park Preservation and Assistance Fund
- Directs the Maine State Housing Authority to administer the fund and provide grants and loans for:
- Acquisition of manufactured housing communities by resident-owned cooperatives or nonprofits
- Infrastructure upgrades and repairs in existing communities
- Relocation assistance for displaced residents
- Authorizes the fund to receive appropriations, bond proceeds, and other revenue sources
Affected Parties and Impacts:
- Residents of manufactured housing communities and mobile home parks will benefit from improved living conditions and greater housing stability
- Nonprofit organizations and resident-owned cooperatives can access funding to purchase and preserve these communities
- The state will invest in maintaining an important source of affordable housing
Procedural and Timeline Considerations:
The bill has been signed into law. The Maine State Housing Authority will now be responsible for establishing the fund and program guidelines, which will likely take several months to implement.
Compiled from official sources — confirm details with the bill’s official record.
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