Real Estate Development

Bath Housing is actively working to increase the supply of affordable housing in the region. In its strategic plan, the organization has set a goal of facilitating the development of 100 new affordable apartments in the region by 2018.

The development plans of Bath Housing are derived based on recent data and information about the housing needs in the area. On a daily basis, Bath Housing staff are working with local families to help them navigate their complex housing issues. With this information, the organization has a clear sense of need.

Bath Housing staff have extensive experience in real estate development including legal, financial, community planning and construction skills. The organization also draws on deep relationships with the financial industry, funding sources, community leaders, and housing advocates. Ongoing, candid conversations with community leaders and neighbors is a core commitment of the organization.

Rental Housing

  • In 2016, Bath Housing Development Corporation purchased, rehabilitated, and reintroduced 806 Middle Street as affordable family apartments. We are proud to now own and operate four quality properties on that block.
  • In 2006, the organization acquired and rehabilitated 19 Oak Street. Originally operated as a cooperative housing project, the building was converted back to five rental apartments in 2013.
  • In 1998, Bath Housing Development Corporation created 8 affordable family apartments on Middle Street through the acquisition and rehabilitation of three blighted homes with funding from MaineHousing’s New Lease Program.
  • In its history, Bath Housing Authority developed four properties for elderly and disabled households including the Anchorage, built in 1977; the Moorings, built in 1979; Seacliff, built in 1981; and Dike’s Landing, built in 1984.
  • In 1977, Bath Housing Development Corporation worked with Bath Region Vocational Technical Center to build a new office building adjacent to the Anchorage on Congress Avenue. Students from BRCTC constructed the building, where the organization is still housed.

Homeownership

Between 2000 and 2004, Bath Housing Development Corporation acquired, rehabilitated, and sold a series of homes in Bath to eligible low-income families.  Using land donated to the organization by Bath Iron Works, Bath Housing partnered with Habitat for Humanity 7 Rivers to enhance the housing stock and make homeownership a reality for families.  Properties that were part of this program include three homes on Tarbox Street and two homes on High Street.

In 2005, Bath Housing partnered with Bath Regional Vocational School, Bath Rotary, and the City of Bath.  Students built houses that were then moved to vacant lots in the community.  Bath Housing then sold the houses to eligible low-income families.  Houses built through this program include 88 Dummer Street (2005), 3 Federal Street (2004), and a house on Tarbox Street.

Projects Underway

Bath Housing owns two parcels of land in Bath, Maine and is currently assessing development opportunities for these parcels.  These parcels are located on Tarbox Street and on High Street.