The developers of 82 High Street, an affordable housing complex, have to find another modular home manufacturer to complete the project.
An article from from Centralmaine.com
An affordable housing complex in Farmington, Maine is searching for alternative modular building manufacturers to complete planned renovations after manufacturer Keiser Homes closed recently.
The developers of 82 High Street, a nonprofit affordable housing complex, had planned on buying three modular apartment buildings from Oxford-based Keiser Homes, but with the company’s abrupt closing earlier this month, the complex’s board of directors will review proposals from three other companies in order to stay on track with the project.
The board of directors met Thursday with representatives from Cousineau Inc. of Wilton, the Keiser Home dealer and construction company that was overseeing the construction of the 82 High Street development.
While 82 High Street had already put a deposit down on the three modular buildings, Cousineau, which has filed a lawsuit in an attempt to get the deposit back, has promised to absorb the cost of the deposit if it’s not repaid, said Rachel Jackson Hodson, the manager of 82 High Street.
“We’re the ones taking the loss,” Randy Cousineau, president of Cousineau Inc., said Monday. “We’re going to honor the original contract.”
Jackson Hodson said the directors will meet again this Thursday with Cousineau representatives to review three proposals from other modular home companies.
CLICK HERE to read the entire