Executive director Lynn Hempen said, "This will be the second time we have built in Old Town we're currently finishing up two homes in old town."
She said affordable housing is a critical need in all communities including Old Town.
"And so this will help three families who are not quite able to afford their own home," said Hempen.
This is to help people who are in need of improved housing.
"Folks who are currently living in subsidized housing, who are paying more than 30 percent of their income on housing or who are living in substandard condition," said Hempen.
City assessor Travis Roy said this will be a huge benefit for the community. "This is going to be a significant investment in new housing new affordable housing for people in our community which is very much needed."
"We're really excited to be able to help three families in one location we think that this is a great way for us to make the most of our volunteers and our donors by focusing all on one place and to help three families in one year this will be a first for us," said Hempen.
Hempen said construction will hopefully begin in the fall. "That's dependant on fundraising so we are raising funds right now to make sure that we have enough to build this condo beginning in the fall."
To find out if you eligible for the condos head to habitbangor.org.