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March 28, 2012 | last updated March 28, 2012 10:57 am

LePage to sign MaineHousing oversight bill

The Maine Senate has given final approval to a bill that would give the MaineHousing board of commissioners more oversight of its director. The bill now heads to Gov. Paul LePage, which he is expected to sign.

Sponsored by Senate Majority Leader John Courtney, the bill allows the board to review, remove and set compensation for the MaineHousing director, according to The Associated Press. It also sets staggered terms for commissioners.

Earlier this month, MaineHousing Director Dale McCormick resigned, citing a "systematic attack" on the agency. State Treasurer Bruce Poliquin and the Maine Heritage Policy Center, a conservative think tank, have questioned the cost of affordable housing projects. In a press release, MHPC said MaineHousing has demonstrated "a pattern of irresponsible financial management," citing employee bonuses and other perks.

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