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Affordable Homeownership Program (AHOP) is sponsored by MaineHousing. AHOP incentivizes private-sector construction of attainable single-family homes in Maine. It offers forgivable loans with zero-percent interest to developers building houses for eligible buyers (households earning no more than 120 percent of the area median income).
These loans can be used for land acquisition, site development, soft costs, construction loan interest, onsite infrastructure, and construction of units. The program can also provide subsidies to developers of multifamily rental units in developments that include both ownership and rental properties.
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Affordable Homeownership & Rental Development Programs | Maine Recovery & Jobs Plan Affordable Homeownership & Rental Development Programs Maine State Housing Authority Program webpage at Maine State Housing Authority Application Portal for the Affordable Homeownership Program Application Portal for the Rural Affordable Housing Rental Program (applications have closed) Application Portal for Walk-In Tax Credit Program for Projects using Project Labor Agreements (applications have closed) Maine’s surging real estate market during the pandemic has put home ownership and rental opportunities out of reach for many Maine families, and displaced renters from stable housing.
These funds will expand housing options that are affordable to workers and their families to own or rent, through financing programs administered by MaineHousing. A redesigned and expanded Affordable Homeownership Program will invest $10 million in subsidized financing to increase the building of new homes available to households with incomes up to 120% of area median income.
The remaining $40 million will be made available to housing developers in 2022 to accelerate the construction of additional affordable rental units accessible to low-income households in Maine.
7/29/2025: Governor Mills Cuts Ribbon on Affordable Rental Housing Complex in Newcastle 10/20/2023: Governor Mills Breaks Ground on Workforce Housing Development Supported by Maine Jobs & Recovery Plan 5/10/2022: Governor Mills & MaineHousing Announce $20 Million to Expand Affordable Rental Housing in Rural Maine 1/26/2022: Governor Mills Announces $50 Million from Maine Jobs & Recovery Plan to Expand Housing Opportunities for Maine People Investments in Maine People & Communities
According to the current listing, eligibility includes: Eligible developers, contractors, engineers, and architects with successful experience in MaineHousing development programs or sufficient experience in developing single-family housing projects. Developers must provide at least five units priced at or below $350,000 ($378,000 in higher-cost counties). Confirm the full requirements in the official notice before applying.
The current listing shows $400,000 - $1.8 million per development (forgivable loans of $80,000 to $90,000 per unit). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Affordable Homeownership Program (AHOP) is funded by MaineHousing. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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