CEI owns and manages rental housing for families, seniors and people with special needs. Properties range in scale from 3 to 30 units. For most apartments, occupancy is based on need, and applicants must have a household income that does not exceed certain limits. Eligibility varies for each location.
From time to time CEI offers select properties for sale. These properties could be both single or multi-family apartments. Following are currently available:
Predatory Mortgages in Maine Recent Trends and the Persistence of Abusive Lending Practices. A joint report issued by Coastal Enterprises, Inc. and the Center for Responsible Lending, 2006.
Sponsored by CEI, Marble Oaks is a 16-unit, rental housing development that targets low-income
families in Waldoboro. The development achieves several aspects of “green”
building. The building occupies only 20% of site, thereby conserving open
space. The site has minimal impervious surfacing, which reduces pollution
runoff and increases natural water absorption, protecting the surrounding
watershed. There are solar panels on three of eight buildings for electricity
and for domestic hot water pre-heat, as well as a solar-powered sewer pump
station. The cost savings from alternative energy sources will directly benefit
the residents through reduced utility bills. CEI
promotes affordable housing as a part of its 3E investment strategy because it
expands housing opportunities for those who can least afford it and provides
environmental benefits to the residents and the surrounding community.
36 Water Street, PO Box 268, Wiscasset, ME 04578; Telephone: 207/882-7552; FAX: 207/882-7308; E-mail: cei@ceimaine.org