Maine Programs

Government Grants & Incentives for Real Estate Investors in Portland

Portland, Maine's waterfront city has seen rapid housing cost increases, driving MaineHousing's LIHTC program and local affordable housing initiatives. The city's historic architecture creates opportunities for layered historic and housing tax credits.

3 designated tracts
Opportunity Zones
$1,498
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

MaineHousing

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Public Housing Authority

Portland Housing Authority

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Local Programs

Portland Government Incentive Programs

These programs are available specifically to investors and developers in the Portland, ME market.

MaineHousing LIHTC Program

Maine allocates LIHTC credits through MaineHousing for affordable housing development.

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Portland Housing Trust Fund

Voter-approved housing trust fund supporting affordable housing production in the city.

Maine Historic Tax Credits

State historic tax credit for rehabilitation of qualifying historic buildings, combinable with federal HTCs.

Cumberland County CDBG/HOME

Federal community development funds for affordable housing and neighborhood improvements.

LIHTC Tax Credits in Maine

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Maine, credits are allocated by MaineHousing.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Maine Allocator

Credits are allocated by MaineHousing through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View MaineHousing LIHTC Program
Investor Tips

Why Invest in Portland?

Voter-approved housing trust fund demonstrates community commitment to affordability

Historic building stock enables layered historic + LIHTC credit strategies

Tourism and food industry create year-round rental demand

Rising FMRs tracking rapid housing cost increases

Finance Government-Incentivized Properties in Portland

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Portland.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Portland's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Portland

Tell us about your Portland investment plans. We'll match you with the best financing options within 24 hours.

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