Portland Press Herald, Feb 28, 2023 - By Rachel Ohm, staff writer.
A newly approved project in Portland’s North Deering neighborhood is expected to add 162 units of affordable housing.
The Lambert Woods project by Maine Cooperative Development Partners is moving ahead after the planning board’s 6-0 vote Tuesday to approve a major site plan for the project at 165 Lambert St. Chairperson Maggie Stanley was absent.
The firm believes the project and a sister project being developed in Libbytown are the first limited-equity co-ops in Portland – an ownership model that proponents say boosts affordability and gives residents more say over management and costs.
“The values we’ve brought to this all along are aspects of community, environment and also affordability,” Liz Trice, a partner at Maine Cooperative Development Partners, said before Tuesday’s vote. “We are sticking only with models that provide long-term affordability and we have done a ton of work to make the site really compact and preserve the surrounding forest.”
The project was approved conditionally, with the board also stipulating that Maine Cooperative Development Partners comply with a handful of additional requests, including that they provide documentation from utility companies about their ability to serve the project and contribute $13,200 to the city’s tree fund.
The project is expected to add an influx of much-needed affordable housing on either side of Washington Avenue Extension between Lambert and Auburn streets. . . read more and see images