Much-Needed Seniors Housing Completed in Maine

Much-needed affordable housing for seniors has opened in the rural community of Gorham, Maine, in the southern part of the state.

Ridgewood at Village Square, developed by Portland, Maine–based Avesta Housing, provides 24 one- and two-bedroom apartments targeted to senior households at or below 60% of the area median income. This project enhances the developer’s senior housing campus in Gorham, which already includes a 37-bed assisted-living facility, a 48-unit senior housing development, and a 20-unit senior housing development.

“Maine has the oldest population in the country. We estimate that there are currently about 10,000 seniors on various affordable housing wait lists in the state,” says Dana Totman, president and CEO of Avesta Housing. “This is a very small piece to start to address that need, but we’re very actively advocating for more resources for more housing for our seniors.”

Christine Serlin

Affordable Housing Finance Magazine