Portland, Maine, July 1, 2014 – The Avesta HomeOwnership Center has received $3,000 from the People’s United Community Foundation, the philanthropic arm of People’s United Bank, to further the center’s work to help Maine home buyers and homeowners.
Established in June 2012, the Avesta HomeOwnership Center serves as a one-stop shop for low- and moderate-income families looking to buy their first home, improve the home they own or avoid foreclosure. The Avesta HomeOwnership Center is a NeighborWorks® HomeOwnership Center.
“We appreciate People’s United Community Foundation for its contribution to the Avesta HomeOwnership Center and for its commitment to helping Maine people buy or maintain their homes,” said Dana Totman, president and CEO of Avesta Housing. “We look forward to using this funding to help us continue to meet the need for home buyer education and foreclosure mediation in southern Maine.”
“We are pleased to support Avesta Housing, which helps to create sustainable homeownership opportunities,” stated Dan Thornton, Officer of People’s United Community Foundation, and President of People’s United Bank in Southern Maine. “The HomeOwnership Center is an important program that enables individuals and families to improve their housing situation and quality of life.”
Established in 2007, People’s United Community Foundation was formed to help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People’s United Bank, founded in 1842 and serving customers from New York to Maine through a network of more than 400 branches, is the largest independent bank headquartered in New England. The Foundation places special emphasis on programs designed to promote economic self-sufficiency, education and improved conditions for low-income families and neighborhoods. The funding priorities of the Foundation include community development, youth development, and affordable housing.
Left to right: David Stolt, Home Ownership Services Manager for Avesta Housing, Dana Totman, President and CEO of Avesta Housing, Tammy Torres, Administration & Agency Liaison Director for People’s United Community Foundation