205 Corporate Drive Supportive Housing — Credit Enhancement Agreement
Description
A 30-year deal returning 75% of the property taxes on the site of a planned 30-unit supportive housing project was postponed to August 10 after critics called the $11.2 million cost ($373,000 per unit) excessive and unfair to private developers.
Impact summary
Adds 30 units of housing for unhoused residents on a currently vacant lawn parcel, with a new sidewalk connection to the Maine Avenue sidewalk project.
Applicant
- Name
- Bangor Housing Development Corporation
- Address
- 205 Corporate Drive, Bangor, Maine (portion)
At a glance
- Hearings
- 2
- Public comments
- 3
- Total mentions
- 2
Last vote · City Council
Last discussed Jul 27, 2026.
Meeting timeline (2)
City Council (Regular) - Jul 27, 2026
The companion TIF district capturing added property value for reinvestment in the housing project was postponed alongside the credit enhancement agreement.
Planning Board (Regular) - Jun 16, 2026
A 30-unit, one-story permanent supportive housing building of 19,100 square feet on a city-owned, roughly five-acre parcel, with 11 parking spaces, a sidewalk link to Maine Avenue, and stormwater treatment for the Birch Stream watershed.
Related issues (1)
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