Welcome Home Downeast LLC. Completes 4th Property
Welcome Home Downeast LLC is a subsidiary of Mano en Mano formed through a partnership with Sunrise County Economic Council (SCEC). The overarching vision of Welcome Home Downeast is to address the shortage of affordable and safe rental homes, provide a pathway to home ownership, and revitalize residential town centers. (Click here to learn more about the project)
The fully renovated 3 bedroom 1.5 bathroom house on Main St. in Harrington will be the fourth property completed by Welcome Home Downeast LLC. This home will be rented to a qualifying family that is interested in purchasing the home. They will have the option to purchase the home from Welcome Home Downeast LLC. within the following year.
For a family to qualify, they must earn 50% of their income from agricultural or aquaculture work, and want to make roots in the Downeast area. Mano en Mano will support the qualifying family with information and resources to help prepare for the purchase of the home (financial literacy classes, first time homebuyer classes, etc), and connect folks to existing Mano en Mano programming and partner organizations.
Populations throughout many areas in rural Maine continue to decline as people move away and seek other opportunities. For communities to thrive, and for our area to be both socially and economically vibrant, housing and resources are needed for people to be able to put down roots and make this area their home. The long term vision of Welcome Home Downeast is to create a healthier economy for the area and provide a model that can be replicated elsewhere in Washington County and beyond.
If you are interested in applying to rent this home, please fill out the form linked here: https://form.jotform.com/210834753679163
If you have any additional questions or would like additional information, please contact Elan, Mano en Manos Housing Director, with any questions: 207 844 0891
Disclosure Regarding Securities
This article does not constitute an offer to sell or solicitation of an offer to buy securities of Welcome Home Downeast, LLC. Such offers and sales, if any, will be made only to “Accredited Investors,” as defined in Regulation D under the Securities Act of 1933, as amended, pursuant to separate agreements to be negotiated by the parties.