Housing (Homeownership)

This bill requires landlords in Maine to provide tenants with energy efficiency disclosure statements starting January 1, 2030, detailing a rental unit’s energy performance. Beginning January 1, 2035, landlords must meet minimum insulation standards for rental units, with tenants able to terminate leases or receive 50% of monthly heating costs (if they pay for heat) until standards are met. Exemptions apply to owner-occupied buildings with three or fewer units, short-term rentals under 30 days, and units rented less than two years in a five-year period. The law also prohibits landlords from retaining security deposits for lease terminations due to non-compliance and protects tenants from retaliation if they assert these rights.

This bill proposes a $100 million state bond issue to fund Maine's housing programs, requiring voter approval through a referendum. If approved, the funds would support the Maine State Housing Authority's rural rental program ($35 million), low-income housing tax credits ($35 million), affordable homeownership ($15 million), and home repair grants ($15 million). Twenty percent of funding for the rural rental, tax credit, and homeownership programs must be used for modular construction projects. The bond proceeds would be repaid through state general funds, with unused balances after 10 years allocated to retire other state bonds.