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Avesta Receives Three Tax Credit Awards in 2006


Avesta Housing was recently awarded funding for three new developments.

 

January 11, 2006 - Avesta Housing was recently awarded funding for three new developments through Maine State Housing Authority's 2006 Low Income Housing Tax Credit Program. Waldoboro Woods Apartments, an existing 12-unit Rural Development senior housing project in Waldoboro, will have renovations done and remain affordable for the next 90 years. Brick Hill Heights is the third and final phase of affordable housing to be developed on the former Maine Youth Center campus in South Portland, providing 30 units of workforce housing in an elevator-serviced building at the center of the site. Pearl Place Phase Two will build 30 new one-, two- and three-bedroom apartments in the Bayside neighborhood of Portland just three blocks from Avesta Housing's office. All three projects are expected to be occupied by 2007.

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.