[CPEO-MEF] CLOSURE: Brunswick (ME)-area real estate

[Lenny Siegel]

Housing market cushions in place
State, federal programs aim to offset BNAS closure impact

By Rachel Ganong
Brunswick Times Record (ME)
January 29, 2009



BRUNSWICK - As real estate agents predict an increasingly difficult 
housing market to accompany the ongoing closure of Brunswick Naval Air 
Station, redevelopment officials continue to marshal help for area 
property owners.

MaineHousing Director Dale McCormick has targeted specific MaineHousing 
programs to help the region fill residences vacated by departing 
military personnel.

In one program, MaineHousing - the new name for the Maine State Housing 
Authority - will reserve $10 million in tax-exempt loans for 
multi-family housing in the BNAS area, a sum expected to generate up to 
$3 million in equity.

...

For the entire article, see
http://www.timesrecord.com/website/main.nsf/news.nsf/0/501CE786CA9ABACF8525754D00625FCB?Opendocument



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Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel at cpeo.org>
http://www.cpeo.org