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:
| 1 Person |
$52,750 |
| 2 Persons |
$60,300 |
| 3 Persons |
$67,800 |
| 4 Persons |
$75,350 |
| 5 Persons |
$81,400 |
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:
Rosie Vanadestine
(207) 992-4241
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.
Price $126,000 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...