Municipal Bond Credit Report: Maine’s new governor releases long-stalled senior housing bonds

Municipal Bond Credit Report: Maine Gov. Janet Mills authorized voter-approved senior housing bonds that were held up for three years by predecessor Paul LePage. Mills, a Democrat signed a financial order Tuesday to begin release of the $15 million in affordable housing bonds for Maine seniors voters approved with 69% support in 2015. LePage, a Republican, refused to authorize the senior bonds and other voter-approved debt claiming the state was not sound enough fiscally to take on more borrowing…. Link to Story