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Yellow and Pines Permanent Supportive Housing / TIF District and Credit Enhancement Agreement

Bangor

Description

The Housing Authority is asking the city to create a TIF district and sign a credit enhancement agreement for a 30-unit supportive housing building for chronically homeless residents, with Preble Street providing 24/7 services. No city capital dollars are requested.

Impact summary

The project aims to move 30 of Bangor's most vulnerable residents off the street, cutting down on police calls, ER visits, and jail time while providing permanent housing with on-site services.

Applicant

Name
Bangor Housing Authority

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last discussed Aug 3, 2026.

Meeting timeline (1)

Aug 3, 2026

Business & Economic Development Committee (Regular) - Aug 3, 2026

The Housing Authority is asking the city to create a TIF district and sign a credit enhancement agreement for a 30-unit supportive housing building for chronically homeless residents, with Preble Street providing 24/7 services. No city capital dollars are requested.

Related issues (1)

Yellen Pines supportive housing TIF

The Bangor Housing Authority plans 30 units of permanent supportive housing for the chronically homeless, funded by state money with no city capital contribution — asking only for a TIF district and credit enhancement agreement. Supporters cite reduced police, ER, and jail costs; the council is scheduled to vote next meeting.

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