Benchmark Real Estate | Maine

Blog :: 05-2025

The Case for Balanced Growth: Hotels and Housing in Portland

Portland's approach to housing development faces an unnecessary divide between hotels and housing, but this doesn’t have to be the case. Boutique hotels offer unique economic and community benefits, fueling local businesses, easing housing pressures by offsetting short-term rental demand, and even providing emergency shelter when needed. [...]

Unlocking Homeownership in Portland with Inclusionary Zoning Funds

Portland’s housing crisis calls for innovative solutions, and a new proposal reimagines how Inclusionary Zoning (IZ) funds can promote homeownership. Instead of focusing solely on rentals, the plan provides up to $100,000 in down payment assistance for eligible buyers, offering a path to stability, wealth building, and stronger communities. [...]

Addressing Portland's Housing Crisis with ReCode Solutions

Portland’s housing crisis demands urgent action, and while ReCode marked progress in updating zoning regulations, it’s clear more needs to be done. Key barriers like high construction costs, restrictive inclusionary zoning (IZ) policies, and complex permitting processes are stalling development. Addressing IZ is vital; its costly [...]

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