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Press Releases

Press Releases

Avesta Housing Celebrates New Senior Affordable Housing with Partners


The Grand Opening for Young Street Apartments, a senior affordable housing community, took place on June 3. Avesta was joined by partners and neighbors as they celebrated this exceptional property nestled in the heart of downtown South Berwick, Maine.

South Berwick, Maine – Avesta Housing, a nonprofit organization, hosted a grand opening for its newest senior affordable housing community on June 3 in South Berwick, Maine.

 

In his remarks to the crowd of nearly 100 people, Avesta Housing President & CEO Dana Totman explained, “In a state with the oldest population in the country, one of the oldest housing stocks, and seniors living in challenging economic times, affordable senior housing is on the forefront of Avesta's efforts and that of so many of our partners.”

 

Avesta Housing developed Young Street Apartments in 2015. Maine Speaker of the House Mark Eves shared his thoughts on Young Street Apartments, “The example and symbol that this building provides is really remarkable… not only the way in which it was built with 20% of its energy being produced on its rooftop through solar panels, but also the site location. The siting of this building is brilliant – the nearby school, library, and coffee shops. It is a great downtown and a great spot. I’m so proud of this community initiative.” The Speaker also discussed the Maine senior housing bond: “We went around the state and listened, and housing was identified as one of the premiere needs of seniors. Last November nearly 70% of Maine voters said they want senior housing as a priority. They think this is a good investment for Maine seniors and the economy. Unfortunately, the work is not finished, as the governor has decided not to release the bond.”

 

Young Street Apartments has 28 one- and two-bedroom apartments for seniors age 55+, and residents benefit from Avesta Housing’s service-enriched housing through an assigned Resident Service Coordinator. Through an innovative partnership between Avesta Housing and York Hospital, Young Street Apartments features a private wellness room with telemedicine services. York Hospital’s Director of Telehealth Services, Seth Gabarro, presented a demonstration of the innovative telemedicine program Avesta and York Hospital are developing. This focus on Aging in Place with telemedicine services in a senior affordable housing community is the first of its kind in Maine.

 

Also speaking at the grand opening was NeighborWorks America President Paul Weech. Weech asserted that “Young Street Apartments is providing seniors in South Berwick a community of opportunity. They’ll have a stable, decent, affordable place to live. It’s a beautiful building with a great location. It’s also a model of cross-sector collaboration.”

 

Young Street Apartments was developed by Avesta Housing, designed by Lassel Architects of South Berwick, and built by Pine Brook Corporation of Kittery. This six million dollar development was funded by Boston Capital, Federal Home Loan Bank of Boston, the 2009 Maine Green Affordable Housing Bond, Bangor Savings Bank, NeighborWorks America, Avesta Housing, and MaineHousing.

 

 

About Avesta Housing

Avesta Housing is a nonprofit affordable housing provider, with more than 40 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

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Contact Development and Communications Manager Sara Olson at 207-245-3352 or by email.