Houlton considers tax credit for rebuilding apartments destroyed in fatal fire

Houlton considers tax credit for rebuilding apartments destroyed in fatal fire

An Aroostook County housing developer whose company lost 14 downtown apartments in a fatal 2022 fire is asking Houlton officials for a credit enhancement agreement to help keep the rebuilding initiative on track. The project relies on an anticipated $4.2 million rural development grant from MaineHousing, but that funding has hit a snag, according to Kerry Simpson of WLR Residential Properties Inc. After reviewing the project’s current cost proje…