November 30, 2017
For Immediate Release
Contact: Sara Olson, Director of Development and Communications
cell: 207-317-3914 | email: SOlson@AvestaHousing.org
Nonprofit Avesta Housing faces increasingly high demand for affordable housing
Portland, MAINE — Avesta Housing has released its Affordable Housing Activity Report for the first three quarters of 2017.
- Only 9% of households seeking affordable housing find housing with Avesta due to very high demand relative to vacancies
- 2,077 households were on Avesta’s wait list for affordable housing at the end of September 2017
The monthly requests for affordable housing that Avesta receives have increased nearly 30% since 2014.
The entire Affordable Housing Activity Report can be found on Avesta’s website, in the Our News and Statistics section. The Affordable Housing Activity Report is a tool Avesta developed to provide key information about the local demand for affordable homes. Avesta tracks this data in a comprehensive way to better understand the region’s housing needs and the best ways to address them.
About Avesta Housing
Avesta Housing is a nonprofit affordable housing provider with over 40 years of experience as a leader in affordable housing development and property management in southern Maine and New Hampshire. The organization is headquartered in Portland, Maine and currently has more than 80 properties and 2,400 apartments in its portfolio. Avesta’s mission is to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. Its five areas of focus are advocacy, development, property management, senior and assisted living, and home ownership.
SOUTH PORTLAND — An affordable housing plan for Redbank gained traction Monday night when city councilors approved placing the project in a tax increment financing district.
By a unanimous vote and with little comment, the City Council agreed to set aside an acre of land extending from 586-600 Westbrook St. as a TIF district under a 30-year credit enhancement agreement with Portland nonprofit Avesta Housing.
The agency plans to build a 64-unit building, with 52 of the units marketed as affordable.
Portland is poised to offer $6.5 million in tax breaks for two separate housing projects that could add 135 units of housing, more than half of which would be considered affordable.
The City Council will vote Monday on the two proposals for Tax Increment Financing, which returns a portion of property taxes generated from new developments to the property owner, rather than providing an upfront cash subsidy.
The Portland Housing Authority would receive $2.1 million in tax breaks for its 55-unit project proposed for Boyd Street, while Avesta Housing would get $4.4 million for its 80-unit project on Cumberland Avenue.
SOUTH PORTLAND — The west end resource center that serves as a clearing house for a range of social services targeted at some of South Portland’s neediest residents is slated for a move to new digs.
City councilors voiced unanimous support for the project at a Nov. 6 workshop and are expected to sign a deal with Avesta Housing that commits the city to move the center, known as The Hub, from a trailer parked at 586 Westbrook St., to a new affordable housing complex Avesta plans to build in cooperation with Le Variety owner Quang Nguyen in its place, at 600 Westbrook St.
“I like what I’ve seen so far, and I’m pleased that Avesta and Kaplan Thompson Architects have been proactive in gathering input from the residents of the neighborhood,” said Adrian Dowling, newly elected to the city council to represent West End District 5, following a neighborhood meeting on the project Nov. 8. “This project, a partnership between a private business owner, a nonprofit organization and the city, could become a model for other Maine communities that are trying to address the problem of unaffordable housing.”
Avesta Housing, the Portland-based nonprofit provider of affordable housing, recently announced two winners of its first-ever educational scholarship.
Dina Malual and Pamela Muzika each received $1,000 towards their tuition expenses at Emmanuel College in Boston and Babson College, in Wellesley, Mass., respectively.
Avesta said that the two were selected out of numerous applicants because of their strong applications outlining their commitment to education to improve their lives and communities.
For Immediate Release
November 13, 2017
Contact: Sara Olson, Director of Development & Communications
Cell: 207-317-3914; Email: SOlson@AvestaHousing.org
Avesta Housing Awards First Educational Scholarships
PORTLAND, MAINE – Nonprofit affordable housing provider Avesta Housing recently announced two winners of its first ever educational scholarship. Dina Malual and Pamela Muzika each received $1,000 toward their tuition expenses at Emmanuel College and Babson College respectively.
Malual and Muzika were among numerous applicants for the scholarship, and were selected because of their strong applications outlining their commitment to education to improve their lives and communities. Malual is a freshman at Emmanuel College and Muzika is a senior at Babson College where she studies business management with a double concentration in accounting and real estate.
Avesta Housing President & CEO Dana Totman spoke highly of the scholarship winners, “Dina and Pamela represent the best of the next generation of thoughtful citizens and global thinkers. Avesta is honored to know these young women and offer our support in furthering their education.”
About Avesta Housing
Avesta Housing is a nonprofit affordable housing provider with over 40 years of experience as a leader in affordable housing development and property management in southern Maine and New Hampshire. The organization is headquartered in Portland, Maine and currently has more than 80 properties and 2,400 apartments in its portfolio. Avesta’s mission is to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. Its five areas of focus are advocacy, development, property management, home ownership, and assisted living.
SOUTH PORTLAND — A new housing, retail and community center project on the city’s West End is one step closer to happening.
Avesta Housing officials met with about 16 community members Nov. 8 in the Brick Hill Heights’ community room, 80 Brickhill Ave., to discuss plans for a five-story building at 586-600 Westbrook St. that will include low-income and market-rate housing.
On Nov. 6 a City Council workshop was also held on the proposed project. The next step will be going before the Planning Board by the beginning of December to meet a deadline for Maine State Housing Authority paperwork to be submitted by Feb. 8, 2018.
Avesta Housing and the Portland Regional Chamber of Commerce announced on Friday their opposition to Portland’s Question 2, a citizens’ initiative on the city’s Nov. 7 ballot that would allow a zoning change to be blocked if 25% of voters who live within 500 feet of a zoning change file written objections.
The referendum question, however, would provide a way for a developer to override a citizens’ veto — if 51% of registered voters within 1,000 feet of the disputed zoning change approved the rezoning within 45 days.
Avesta and the chamber reviewed recent and current development projects and, based on future projections, determined that if voters approve Portland’s Question 2, in their opinion “it would have a serious and negative impact on growth in Portland and the region.”
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