Committee approves $5M vacant-school conversion fund to help municipalities convert closed schools into housing The committee approved LD 2164 to establish a $5 million annual Vacant School Housing Conversion Fund administered by the Maine Redevelopment Land Bank Authority to provide technical assistance and last-gap grants for municipal vacant-school reuse, with reporting requirements and municipal consent provisions.

Maine is paving the way for affordable housing by transforming vacant school buildings into homes with a new $5 million annual fund!

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