Senate approves bill to improve homeownership through student debt relief

Policies that make it easier for working families to make a good life here in Maine are good for all of us. For parents and grandparents, it is about keeping our loved ones close. For communities and businesses, it’s about making sure we have a new generation of workers and community leaders. With one of the oldest populations in the union, there is a whole generation of Mainers getting ready to retire, and we need young people to fill these roles and carry on this legacy. LD 1978 is about making it possible for young people to stay in Maine and make a life for themselves whether they were born here or have chosen to make this state their home.

Pres. Jackson’s HOMED Act becomes law

AUGUSTA — A bill from Senate President Troy Jackson, D-Allagash, that looks to reduce student debt and help young Mainers compete in a tough housing market was signed into law by Governor Janet T. Mills on Tuesday. LD 1709, “An Act To Promote Home Ownership by Minimizing Education Debt,” otherwise known as the HOMED Act, […]

HOMED Act earns bipartisan support in the Senate

AUGUSTA — A bill from Senate President Troy Jackson, D-Allagash, that would reduce student debt and help young Mainers compete in a tough housing market earned unanimous support in the Maine Senate on Monday. LD 1709, “An Act To Promote Home Ownership by Minimizing Education Debt,” otherwise known as the HOMED Act, would create a […]

Pres. Jackson, Sen. Daughtry introduce the HOMED Act

It’s no secret that Maine is an aging state. It’s why lawmakers talk a lot about how we can attract and retain young families to keep our communities and economy thriving for future generations. However, between the high cost of student debt and the tough housing market all across the state, it’s getting harder for young people who grew up in Maine to come home to work, live and raise their families. LD 1709 aims to bring young Mainers home by getting them HOMED. This could be a game-changer for the next generation of Maine homeowners, giving young people a leg up as they try to compete with out-of-state buyers.