LD2127 Increases Maine State Housing Authority Bond Cap
Summary
The Maine Legislature enacted LD2127, raising the statutory cap on bonds the Maine State Housing Authority may issue to support current housing production needs in the state. The bill passed the Senate 16-15 and was subsequently passed to be enacted. This increases the borrowing and financing capacity available to the state housing authority for housing development programs.
What changed
The Maine Legislature passed LD2127, amending state law to increase the statutory ceiling on bonds that the Maine State Housing Authority may issue. The previous cap was deemed insufficient to address current housing production needs in Maine, prompting the legislative change.
Affected parties including housing developers, bond investors, and financial institutions working with the Maine State Housing Authority should monitor implementation of the new bond cap. The increased borrowing capacity may expand opportunities for housing development financing across Maine.
What to do next
- Monitor implementation of the new bond cap for Maine State Housing Authority
- Review financing arrangements with the Maine State Housing Authority for any changes in capacity
Archived snapshot
Apr 14, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Maine / LD2127 Passed LD2127 LD Passed 2026-04-13
An Act to Increase the Cap on Bonds Issued by the Maine State Housing Authority to Reflect Current Housing Production Needs in the State
Bill Details
State Maine
Session 132nd Legislature
Chamber House
Official Source legislature.maine.gov/legis/bills/display_...
LegiScan View on LegiScan
Sponsors
Glenn Curry (Sen - D)
Action History
2026-04-13 S Subsequently, PASSED TO BE ENACTED in concurrence. 2026-04-13 S On motion by Senator ROTUNDO of Androscoggin taken from the Special Appropriations Table. 2026-03-10 S On motion by Senator ROTUNDO of Androscoggin PLACED ON THE SPECIAL APPROPRIATIONS TABLE pending ENACTMENT in concurrence. 2026-03-05 H Sent for concurrence. ORDERED SENT FORTHWITH. 2026-03-05 H PASSED TO BE ENACTED. 2026-03-03 H In concurrence. ORDERED SENT FORTHWITH. 2026-03-03 H The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (S-501). 2026-03-03 H Under suspension of the rules CONSENT CALENDAR - SECOND DAY. 2026-03-03 H CONSENT CALENDAR - FIRST DAY 2026-02-26 S Ordered sent down forthwith for concurrence. 2026-02-26 S READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-501) 2026-02-26 S COMMITTEE ON BILLS IN THE SECOND READING REPORTS NO FURTHER VERBAL AMENDMENTS NECESSARY. REPORT ACCEPTED. 2026-02-24 S ASSIGNED FOR SECOND READING NEXT LEGISLATIVE DAY. 2026-02-24 S Committee Amendment "A" (S-501) READ and ADOPTED. 2026-02-24 S Bill READ ONCE 2026-02-24 S Roll Call Ordered Roll Call Number 722 Yeas 16 - Nays 15 - Excused 4 - Absent 0 2026-02-24 S ACCEPTANCE of the OUGHT TO PASS AS AMENDED Report PREVAILED 2026-02-24 S Report READ. 2026-02-13 J Reported Out: OTP-AM 2026-01-27 J Voted: OTP-AM 2026-01-27 J Work Session Held 2026-01-07 H In concurrence. ORDERED SENT FORTHWITH. 2026-01-07 H The Bill was REFERRED to the Committee on HOUSING AND ECONOMIC DEVELOPMENT. 2026-01-07 S Committee on HOUSING AND ECONOMIC DEVELOPMENT suggested and ordered printed REFERENCE to the Committee on HOUSING AND ECONOMIC DEVELOPMENT Ordered sent down forthwith for concurrence
Votes
2026-02-24 Accept Report RC #722 Yea: 16 Nay: 15
Committee Referrals
2026-01-07 J Housing
Amendments
0000-00-00 Senate: C-A (S-501) Adopted
Bill Text Versions
0000-00-00 Introduced
Subjects
Bond Issues Housing Legislative data powered by LegiScan (CC BY 4.0)
Named provisions
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