Maine Record
Portland
Medium PriorityDevelopmentopen

2025 LIHTC award results

Summary

Only one of three city-backed projects — Cumberland Housing — won state tax credits last year. Prosperity Place at 1125 Brighton Avenue missed out but will keep going and likely reapply in the next cycle.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jan 20, 2026.

Impact analysis

💰Financial impact

Loss of tax credits affects the financing of roughly two major affordable housing projects, including Prosperity Place on Brighton Avenue.

✅Who benefits

Cumberland Housing residents, whose project secured its funding.

⚠️Who could be affected

Prospero Place and Mayo Housing timelines, which face delayed or uncertain funding.

Mentions & discussions (1)

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