Governor Janet Mills on Wednesday had said the state will use $3.5 million in federal money to give as loan to residents in order to pay their property taxes. Gov Mills, who stated the loans will cover annual property tax bills.

Gov Mills says $3.5 million will be used from federal funds.

This she stated will enable some residents who are unable to pay taxes or are permanently disabled.  According to her, “The loans would have to be repaid once the property is sold or becomes part of an estate. The tax deferral program will make sure vulnerable residents are able to stay in their homes while also providing property taxes to cities and towns, Mills said. Older residents and people with disabilities “deserve to live and age in the comfort of their homes without worrying they’ll lose them because they can’t afford the property taxes.

Governor Mills who said the program will be funded by the American Rescue Plan, in her words she said, “the program will be funded with money from the American Rescue Plan. It’s modeled after a similar program that existed in the 1990s”, the governor said”.

However, in a way the Governor is trying to help residents with the loans to make tax a lot easier for them, as this will help various ages in various situations.

“Janet Trafton Mills (born December 30, 1947) is an American politician and lawyer serving as the 75th governor of Maine since January 2019. She previously served as the Maine Attorney General on two occasions.

A member of the Democratic Party, Mills was first elected attorney general by the Maine Legislature on January 6, 2009, succeeding G. Steven Rowe. Her second term began on January 3, 2013, after the term of Republican William Schneider. She was the first woman to hold the position. Before her election, she served in the Maine House of Representatives, representing the towns of Farmington and Industry. Her party nominated her for governor of Maine in the 2018 election, and she won, defeating Republican Shawn Moody and independent Terry Hayes. On January 2, 2019, she became Maine’s first female governor”. This section is culled from WIKIPEDIA.