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Press Releases

Press Releases

Affordable Housing Needs Spike as Practitioners Brace for Trump Administration Cuts


Avesta Housing’s January 2017 affordable housing request data show a large increase over the previous January's requests.

 

For Immediate Release

February 21, 2017

Contact: Sara Olson, Development and Communications Manager

Cell: 207-317-3914; Email: solson@avestahousing.org

 

Affordable Housing Needs Spike as Practitioners Brace for Trump Administration Cuts

Portland, MAINE — Avesta Housing’s January 2017 affordable housing request data show that last month Avesta received 369 requests for affordable housing, up 30% over January 2016 when 283 households made requests and 48% over January 2015 when 250 households made requests.

Avesta Housing, a nonprofit affordable-housing provider serving southern Maine and New Hampshire, has experienced significant increases in housing requests since it started tracking this data in 2014. The monthly average number of requests grew significantly over the past three years:

Year Average # of housing requests monthly

2014       256

2015       279

2016       297

 

While demand for Avesta’s apartments continues to grow, the lack of financing available to create more affordable housing means that the supply remains inadequate. As a result, Avesta was only able to provide housing to 35 households in the month of January. Avesta Housing President & CEO Dana Totman elaborates, “In the face of growing unmet needs for affordable rental housing across Maine and the country, we are very concerned about the prospect of cuts to the federal housing budget, which is already woefully inadequate.” The Trump Administration is expected to release its initial budget proposal within the next few weeks.

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 207-245-3352 or by email.