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Committee backs amending Doherty Commons covenants to allow for-sale condos at 100% AMI
Summary
Portland’s Housing Committee voted to recommend that City Council amend property covenants at Doherty Commons so Phase 3 can be developed as price-restricted for‑sale condominiums targeted at households at or below 100% of area median income, citing new MaineHousing subsidy and financial feasibility.
The Portland City Council Housing Committee voted Aug. 2 to recommend that the full City Council amend the declaration of covenants for Doherty Commons to allow Phase 3 to be developed as price-restricted for‑sale condominiums instead of rental apartments.
The change would let the developer build condos restricted to households at 100% of area median income (AMI) or below. Mary Davis, director of the city's Housing and Community Development Division, told the committee the affordability levels would remain the same even though the housing type would change.
Developer Matt Peters, of Maine Cooperative Development…
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