Skip to content
← All Industry News
Rules & rent controlMaineBy RISE Community editorsPosted on RISE

Saco weighed ending its lot rent moratorium after park owner offered phased increases

Saco, Maine, city councilors postponed a vote on repealing the city's mobile home park lot rent moratorium to March 9 after a lengthy debate.

Key facts

  • The Saco City Council voted 6-1 to move its decision on repealing the lot rent moratorium to its March 9 meeting, with Councilor William Doyle voting against.
  • Onyx Capital Corporation, operating as Blue Haven LLC, and a resident committee agreed to set existing residents' lot rents at $660.
  • Monthly credits under the agreement cover 60% of the increase for the remainder of 2026 and 20% of the difference in 2027, with full rents taking effect in 2028.
  • Richard Bryant, an attorney for the park owner, said 60% of residents had signed the agreement, including 78% of those affected by the increase.
  • The council first passed the moratorium on Oct. 27, and it was scheduled to expire April 10 unless repealed earlier.
  • The council later voted to end the moratorium in March, citing the residents' agreement, and adopted a lot rent stabilization ordinance on Sept. 14.

Create a free account to read the full summary and the RISE take

A free account gives you the full summary of every story, the RISE take on what it means for owners, and the whole news archive with filters and search.

Takes about a minute. We email you a link to confirm; open it and you come straight back here.

Read the original at The Portland Press Herald (opens in a new tab)

Source: Saco delays vote to repeal mobile home park lot rent moratorium — The Portland Press Herald, March 3, 2026. Summary and commentary by RISE Community; read the full story at the source.

Spot an error? Tell us

Information, data, statistics, news and calendar dates on this site are for general information and education only. They are not financial, investment, legal, tax or professional advice and not an offer of securities. Figures come from third-party sources, may be delayed, revised or wrong, and are provided as is with no warranty. Verify with the original source and a licensed professional before you act. Full disclaimer