Project · Lewiston, ME · Updated today
Martell School Apartments Phase 3
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Sourced from Lewiston meeting, Jul 7, 2026. ZoneWire tracks 52 projects in Lewiston, ME, updated within 24h of every meeting.
Where this stands
44 units of senior housing, all one-bedroom apartments, restricted to residents age 55 and above. Separate building from connected Phases 1 and 2 (also 44 units each) on the same site. $17 million total development cost. Funded by ~$9.6M low income housing tax credit equity, ~$3M Maine Housing deferred debt subsidy, $3.5M interest-paying debt, and TIF filling a $754,000 gap. TIF at 75% for 22 years. Tax credit application to be submitted September 2027 round. Phase 1 closed and construction started; approved 7-0.
- Project
- Martell School Apartments Phase 3
- Asset class
- Residential
- Developer
- Lewiston Housing Authority
- Location
- Martell School site, Lewiston
- Scale
- 44 units
- County
- Lewiston, ME
- Jurisdiction
- Lewiston
- Current status
- Approved
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Martell School Apartments Phase 3
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