Related Companies:
Liberty Group
Liberty Management
Equity Builders
AHPC Contact:
Mainland Development Co.,
a Maine corporation
130 Middle St.
Portland, Maine 04101
Telephone (207) 772-0548/ Facsimile (207) 772-0581
|
 Mainland
Development Co. was organized in 1984 and is active in the
acquisition, development, new construction and rehabilitation of
affordable housing units in Maine, the Northeast and throughout the
United States. Mainland has been a general partner in the
development, construction and ownership of over 40 FmHA (Rural
Development)/Rural Rental Housing 515 elderly and family housing
complexes, as well as State Housing Finance Agency (SHFA) and
conventionally financed housing projects for families and seniors.
Mainland is an industry leader in the aquisition/rehabilitation of
mature, HUD Section 8 projects nationwide, as well as the aquisition/rehabilitation
of State or local housing agency financed projects and the
conversion of conventional rental units to affordable housing.
Mainland Development Co. is seeking new construction opportunities
in municipalities and housing market areas with strong need and
public support for affordable rental units. Depending upon market
conditions, projects may be mixed-income (both market rate and
affordable units in the same complex) or exclusively targeted to
low- and moderate-income residents. Mainland also seeks
acquisition/rehabilitation opportunities where substantial rehab is
an integral part of the preservation process.
 Mainland has
also co-ventured successfully with non-profit housing sponsors who
may have access to land, special funding set-asides, management or
supportive service expertise, but do not have the resources to
originate and see a project through to completion.
Through its parent company, Liberty Group, Inc., Mainland is
affiliated with a full service construction company, Equity
Builders, Inc., who serves as General Contractor on the majority of
its projects. Mainland is also affiliated with a full-service
property management firm, Liberty Management, Inc., specializing in
subsidized housing, tax credit compliance, and commercial leasing.
Where appropriate, Liberty Management will take over property
management of newly constructed or acquired properties, often
teaming with experienced service providers to coordinate supportive
services for frail senior residents. Where Liberty Management does
not directly manage the properties, it monitors project performance
through its Asset Management division on a regular basis. Mainland
and its affiliates offer the strongest possible team approach to
creating and preserving affordable housing nationwide. |
© AHPC 2005