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Federal tax credits, stimulus funds enable retrofit for senior housing

Federal tax credits, stimulus funds enable retrofit for senior housing


October 12, 2011

An affordable housing project in Bangor, Maine converted a building at the former Bangor Theological Seminary into a 28-unit housing facility. The project was paid for with the help of tax credits from the federal government as well as stimulus funds. The non-profit group Community Housing of Maine spent the last four years turning the structure into affordable housing for seniors and veterans. It took $6 million to renovate the building. Residents began moving in last week.
(http://www.wcsh6.com/news/article/175455/314/Bangor-celebrates-renovation-of-Maine-Hall)

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