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Housing Needs Up in 2015


Avesta Housing Reports Housing Needs Up 9% in 2015; Senior Households Represent Largest Share of Increase

For Immediate Release

February 8, 2016

Portland, MAINE — Avesta Housing has released its 2015 Affordable Housing Activity Report and reports that requests for its affordable homes increased by 9% over the previous year. Senior households accounted for the largest percentage of requests, as well as the largest increase over 2014. “The level of unmet need for a safe, affordable place to live is higher than we have ever seen,” said Dana Totman, President of Avesta. “The time is now to create affordable housing, especially for our seniors, at a much faster pace.”

Key findings from 2015:

  • In 2015, 3,348 people sought affordable housing from Avesta, representing an increase of 9% from 2014
  • The largest increase in housing requests came from senior (55+) households;  163 more senior households requested an affordable apartment from Avesta in 2015 than in 2014
  • Avesta was able to move 28% more applicants (434 in 2015; 339 in 2014) into one of our apartments than in 2014, largely due to the opening of 131 new affordable units in 2015: 409 Cumberland in Portland, Maine; One Meeting Place in Exeter, New Hampshire; Thomas Heights in Portland, Maine; and Young Street Apartments in South Berwick, Maine

At the end of 2015, more than 2,200 people remained on Avesta’s wait list for affordable housing. The entire report can be found on Avesta’s website, in the News section.

The Affordable Housing Activity Report is a tool Avesta developed to provide key information about the local demand for affordable homes. The monthly report highlights demographic information on the households that seek housing through Avesta, as well as those households Avesta is able to move into apartments. The report also tracks the age of the head-of-household, the household size and median income, and whether residents have the benefit of rental assistance.

Avesta tracks this data in a comprehensive way to better understand the region’s housing needs and the best ways to address them. The report is released monthly on Avesta’s website.

Contact: Sara Olson, Development and Communications Manager

solson@avestahousing.org

 

About Avesta Housing

Avesta Housing is a non-profit affordable housing provider, with more than forty years of experience as the leader in affordable housing development and property management in southern Maine and New Hampshire.  The organization was founded in 1972, and currently has over 2,000 apartments in its portfolio. Our headquarters is located at 307 Cumberland Avenue, Portland, Maine.  We also have satellite offices in numerous locations throughout southern Maine and New Hampshire. Avesta offers full-service property management, leasing, resident service coordination and maintenance services. It is Avesta’s mission to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. www.avestahousing.org

Looking for more?

Check out Avesta's blog, The Porch Light, for more news, updates and stories.

Contact Development and Communications Manager Sara Olson at 207-553-7780 x3352 or by email.