A housing trust helps families who need affordable housing by acquiring buildings or land and reserving them for working households. Housing can take several forms, from purchased homes to rented apartments, which income-qualified applicants can occupy at the lowest possible rate. Grants and donations obtained by the housing trust lower the cost of purchases and rentals for eligible households. When a homeowner sells, deed restrictions and land covenants keep their house attainable for the next buyer. Both scenarios – rentals and home sales – allow residents to eventually save enough money to purchase other housing at market rates.

Successful housing trusts [[hotlink to our list of housing trusts in Maine]] serve middle-income workers throughout the United States and New England coastal towns, including Kennebunkport, Freeport, North Haven, Deer Isle, and Mt. Desert Island.

Using tax credits, charitable donations, and other resources, MCRHT will construct new housing or convert existing buildings for the housing market’s “missing middle.” Our efforts will benefit working people who do not qualify for direct assistance yet cannot afford the rent or buy within commuting distance of their jobs. Our efforts complement the work of other local nonprofit organizations that serve low and middle-income families, such as Habitat for Humanity and the Knox County Homeless Coalition.

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By Mail:
P.O. BOX 15
ROCKLAND, MAINE 04841
 
Email Us: info@mcrht.org

Call Us: +1 (207) 542-3210