An Act To Invest In The Construction Of Industrialized Housing

Maine LD 2230 expands the state's Housing Opportunity Program to explicitly support industrialized housing and defines income tiers for affordability purposes. The bill creates a new Industrialized Housing Incentive Program that provides grants or loans of $1,500 to $6,000 per unit to manufacturers of modular, panelized, or innovative housing systems operating in the state. Additionally, it requires the Department of Economic and Community Development to launch a public-private partnership for technical support and workforce training, as well as a competitive pilot program offering financial awards for efficient multifamily construction projects.