Mission Priced Homes
What’s Mission Priced Housing?
Right-Sized
Right-Built
Right-Priced
• Housing costs are out of reach for many working Midcoast Mainers.
• Affordable places to live are simply not available for rent or purchase in many communities.
• The private sector can and must play a role in developing and constructing new housing.
• Inspired by innovative construction methods, affordable scale, and efficient, attractive designs, The Pierson Company has envisioned a portfolio of right-sized, right-built, and right-priced dwellings to increase the supply of housing in Maine’s midcoast.
• Mission Priced homes are built to be high-quality, durable, and affordable.
As land values and construction costs have escalated and available properties have disappeared from the market, available housing has evaporated. Folks must travel many miles to reach places of employment, shopping, services, and entertainment because places to live close to town within an affordable price range do not exist.
While many Federal and State programs are available to stimulate the construction and renovation of affordable housing, we believe the private building and development sector must play a seminal role in increasing housing supply. With access to capital, advanced building methods, and efficiencies, the private sector can be an important actor in this vital endeavor.