Combined mortgage and grant initiative gives owners the opportunity to replace their pre-1976 mobile home with a new energy-efficient model
AUGUSTA – MaineHousing announces a new pre-1976 Mobile Home Replacement Initiative to help income-eligible residents replace their older structure with a new Energy Star-certified manufactured home.
The initiative includes a MaineHousing mortgage loan combined with an optional $30,000 MaineHousing grant to be used to help income-eligible owners replace their current mobile home with an energy-efficient model on the same site. Down payment and closing cost assistance is available through MaineHousing’s Advantage option.
“Mainers who own and occupy mobile homes built prior to 1976 may be tiring of spending too much money for structure upkeep and energy,” said MaineHousing Director John Gallagher. “The Pre-1976 Mobile Home Replacement Initiative provides an avenue for homeowners to buy a new, energy-efficient home and still live in their current location.”
To be eligible for this initiative, applicants must currently own and occupy a pre-1976 model mobile home as their primary residence, meet annual household income limits under MaineHousing’s First Home Program, and qualify for the First Home or Operation New Home uninsured mortgage loan. (The First-time homebuyer requirement is waived).
The mortgage loan and grant funds can be used to dismantle and remove the pre-1976 mobile home and install a new Energy Star-certified mobile or modular home on the original site, to be purchased from a licensed Maine dealer. Grant funds require a subsequent five year occupancy period.
MaineHousing’s Pre-1976 Mobile Home Replacement Initiative is available through one of our more than 30 lender partners. Please visit www.mainehousing.org for a list of lenders.
The mission of MaineHousing is to assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs. Please visit our Web site at www.mainehousing.org.
MaineHousing does not discriminate on the basis of race, color, religion, sex, sexual orientation, national origin, ancestry, age, physical or mental disability, or familial status in the admission or access to, or treatment or employment in, its programs, and activities. MaineHousing will provide appropriate communication auxiliary aids and services upon sufficient notice. MaineHousing will also provide this document in alternative formats upon sufficient notice. MaineHousing has designated the following person responsible for coordinating compliance with applicable federal and state nondiscrimination requirements and addressing grievances: Louise Patenaude, MaineHousing, 353 Water Street, Augusta, Maine 04330-4633, Telephone Number 1 800 452 4668 (voice in state only),(207) 626 4600 (voice), or Maine Relay 711.
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MaineHousing Public Information Manager