The MAR Foundation administers two grant programs from the REALTORS® Affordable Housing Fund:
Competitive Grant Program
The Competitive Grant Program offers an opportunity for non-profit organizations delivering housing related programs to Maine’s most vulnerable households to apply directing for the funding they need to meet the housing challenges of Maine households.
The MAR Foundation solicits proposals once each year from approximately 100 affordable housing organizations throughout Maine. Typically, 25 –35 proposals are received for the Board of Director’s review. Since the first competitive grants were awarded in 1991, 301 grants have been distributed for a total of $1.6M.
In June 2024, the Maine Association of REALTORS® Foundation awarded $140,000 through its 2024 Competitive Grant Program to sixteen organizations to address a variety of housing needs across Maine. Check out which organizations received funding this year!
In 2023, Maine Association of REALTORS® Foundation awarded $80,000 in grants to eleven local non-profit organizations.
2023 Competitive Grant recipient check presentations
In 2022, the Foundation awarded Competitive Grants of $10,000 to seven non-profit organizations and $5,000 to two organizations
Local Board Matching Grant Program
The Local Board of REALTOR® Matching Grant program supports REALTOR® Boards and Councils’ affordable housing program initiatives in the communities where they live and work. The Program matches the money raised by local REALTOR® Boards and Councils who choose the recipient agency or agencies and performs fund-raising on their behalf.
In 2022, the Maine Association of REALTORS® Foundation awarded $118,770 in Matching Grants to twenty-six local non-profit agencies; REALTOR® Boards and Councils fund raised an additional $150,001 for the same non-profit agencies.
In 2023, the Maine Association of REALTORS® Foundation awarded $153,930 in Matching Grants to twenty-four local non-profit agencies; REALTOR® Boards and Councils fund raised an additional $153,986 for the same non-profit agencies.
The Maine Association of REALTORS® Foundation awarded $105,110 in Matching Grants to twenty-three local non-profit agencies in 2021. REALTOR® Boards and Councils fund raised an additional $117,757 for the same non-profit agencies.
Since 1993, the Foundation has awarded $1.5 million dollars in Local Matching Program Grants to nearly 100 non-profit organizations that worked with local REALTOR® Board and Councils to improve affordable housing in their community.