Bangor Homes For Sale
The City of Bangor has received grant money from the federal government through the Neighborhood Stabilization Program (NSP). The NSP was
announced after the latest Housing and Economic Recovery Act in late
2008. Title III of Division B of the Act appropriated $3.92 billion for
emergency assistance for redevelopment of abandoned and foreclosed homes
and residential properties that would otherwise become blight on the
community. Of that the state of Maine received $13,850,000 and the City
of Bangor received $1,084,873 of those funds. The money provided by the grant is intended towards the purchase and redevelopment of foreclosed and/or abandoned homes. Once remodeled, these homes are an affordable option for potential buyers whose household annual income does not exceed 120% of the median income:
120% Median Income
| 1 Person
| 2 Persons
| 3 Persons
| 4 Persons
It is the policy of the City of Bangor to provide services without regard to race, color, religion, age, sex, familial status, physical handicap or disability.
To determine eligibility, please contact:
61 Pine Street - For Sale
The City of Bangor, through the Neighborhood Stabilization Program , which is funded by the U.S. Department of Housing and Urban Development (HUD), is offering an affordable home ownership opportunity. Depending on your family size and household income, you may qualify to purchase this home at an affordable price that fits your budget.
This 3 bedroom 1 1/2 bath single family home features a new kitchen, siding, insulation, roof, interior walls, ceilings and floors, electric and plumbing. Located on an in-town...