Housing Replacement

Before Home Replacement                          After Home Replacement

Housing Replacement Program – The goal is to replace homes that are in very poor and unsafe conditions with new, low-maintenance, energy-efficient housing. We specifically target pre-1976 mobile homes, post-1976 mobile homes in very poor condition and stick-built houses in extremely poor condition.  All of the target homes must be of such poor design and/or in such poor condition that their rehabilitation would make no economic sense.

If Penquis determines that your home is in need of replacement, this program will try to help you arrange the financing package necessary to complete the project.  Low-interest first mortgages, zero-interest forgivable second mortgages, and grant funds may be available to qualified applicants.

The result is a home that will less expensive to maintain and heat, easier to repair and expand, and comfortable to live in. This home will become an appreciating asset.  Penquis will manage the entire replacement project. The existing home will be demolished as part of the project.


To be eligible to take part in this program, you must own your home and the land it occupies. In addition, you must have a 2-year income history, not to exceed 80% of the area median income, and you must have reasonable credit. Your home will be inspected by Penquis to determine its suitability for replacement. For more information, contact Rebecca Grant at 207-973-3665 or 1-800-215-4942.

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