The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
Important Information
Important Information
OR
It's time for our 3rd Annual House Party!
One night each year where we take to the floor to raise the roof and walls on affordable housing in our community!
This year we are excited to welcome Hello Newman to the Nonantum Resort ballroom. Come in your best grunge flannel and jeans or your favorite Betsy Johnson prom dress - bring your besties and get ready to dance to your favorite '90s music while enjoying late night bites and a cash bar.
Tickets are on sale now! - Early bird pricing of $45 for first 100 tickets sold
Thank you to our 2026 sponsors for making our work possible!
Welcome to the Neighborhood Housing Trust!
(Formerly the Kennebunkport Heritage Housing Trust)
In Kennebunk, Kennebunkport, and Arundel supporting affordable housing means:
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the local workforce- first responders, teachers, town employees, business owners and their staff, etc.- can afford to live in the towns where they work;
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growing enrollment at our local elementary schools;
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balancing the aging population of our communities;
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contributing to a vital, diverse, engaged and welcoming year-round community;
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A big part of what makes our community special is the people, those born here and those who have discovered all we have to offer. The fishermen, local business owners, teachers, firefighters, neighbors, and even two presidents have woven themselves into the fabric of our towns. Our goal is to sustain our year-round mix of residents by supporting homes for families who contribute to the flavor that makes our corner of Maine so spectacular.
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