Contact Us

The Cost of Developing Public Housing is Down 24% from a Year Ago

Justin Sullivan, Getty Images

It has been about a year since all the changes at the Maine State Housing Authority and there are some interesting results. A year after claiming waste in the development of public housing projects, a Maine State Housing Authority board member says those costs are down by 24 %.

The average development costs of new housing, rehabilitated buildings and historic structures will drop from $197,000 per unit this year to $150,000 per unit for projects to be approved next year.  A board member said the savings in housing costs were achieved by eliminating unnecessary ‘‘green’’ regulations, and rewarding developers who come up with their own money-saving plans.

But not everyone is completely comfortable with that approach.  The Maine Affordable Housing Coalition has generally supported the authority’s efforts to encourage lower-cost affordable housing projects. But there needs to be happy medium. There are some concerns the housing authority could be making lower, per-unit costs the top priority at the expense of awarding affordable housing tax credits to projects that provide housing that’s suitable for families and convenient to jobs.

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Moose Valuable Listener Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Moose Valuable Listener Club contests, events, coupons, presales, and much more delivered to you for FREE.