Avesta in the News

Portland housing developers struggle to meet market needs — Feb 21, 2012

"We like doing innovative, niche-type housing," says Totman. "There are too many people living in sub-standard housing or paying too much of their income [for housing]. There is a fundamental mismatch to what our housing supply is to what our population requires." More...

Housing strategy pays off in Westbrook — Jan 26, 2012

Avesta Housing, based in Portland, is planning to renovate two buildings once used by St. Hyacinth Church, turning both into complexes offering one-, two-, and three-bedroom apartments to lower-income families, according to Deborah Keller, director of programs at Avesta. More...

So. Berwick council meets with Avesta on senior housing plan — Jan 22, 2012

A proposed Young Street housing complex for the elderly would require a zoning change to allow more residential units per building, officials determined Tuesday at a workshop with Avesta Housing.

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Boston Capital Invests $9.8M in Affordable Multifamily Development in Portland, ME — Jan 18, 2012

Located in downtown Portland, Pearl Place II will feature 26 one-bedroom, 17 two-bedroom and 11 three-bedroom units in one, five-story building. The construction of this property will generate $3.9 million in local income and create approximately 82 jobs in the Portland area.

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Avesta’s 8 low-income housing projects estimated to add 250 homes, cost $55M — Jan 12, 2012

A flurry of construction in the Portland area will provide new housing options for the area’s low-income residents. Oak Street Lofts is just one of eight Avesta Housing projects either in the queue or in various stages of construction. More...

One Lofty Idea — Dec 27, 2011

Construction of affordable housing geared to artists draws 200 applicants for 37 units.

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Avesta to break ground on Park Street School project — Sep 23, 2011

Avesta Housing is planning to break ground later this month on an $8 million project converting the former Park Street School into senior housing. More...

'A fundamental mismatch to the supply of housing' — Aug 23, 2011

It’s been a busy summer for Avesta Housing, a nonprofit affordable housing developer that currently has eight projects underway from Portland to Kennebunk.

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Proposal would add affordable housing to Portland's Bayside neighborhood — Nov 9, 2010

Additional affordable housing may be coming to the Bayside neighborhood. More...

NeighborWorks CEO Ken Wade Joins HUD Secretary Shaun Donovan and Other Dignitaries at New England Events — Jun 30, 2010

NeighborWorks CEO Ken Wade applauds the efforts of Avesta Housing president Dana Totman.
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Avesta gets green light on Park Street School project — Jun 1, 2010

Construction expected to be complete by end of 2011 More...

Long-Awaited Housing for Homeless Women Opens — May 30, 2010

National, State and Local leaders gather to celebrate the Grand Opening of the Florence House. More...

Council backs selling half of school site to housing agency — May 11, 2010

But some neighbors say the plan to build 16 units will further limit parking on Munjoy Hill. More...

Adams School redevelopment back on — Apr 12, 2010

Stalled plans to convert the former Adams School site into affordable housing are back on track thanks to a fresh infusion of federal economic stimulus cash. More...

Florence House ready to serve homeless women — Apr 1, 2010

Advocates for the homeless are excited about the opening of a new permanent home set to open to serve the needs of homeless women in Portland.

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Avesta Commences $5.6M Munjoy Commons Renovation Project in Portland's East End Neighborhood — Jan 27, 2010

January 27, 2010 marked the start of a 16 month, $5.6 million dollar renovation of the 39 units of affordable rental housing in Munjoy Commons. More...

State Legislatures Visit Pearl Place — Jan 22, 2010

On Thursday, January 22nd, Avesta welcomed more than 60 state legislators to our 60-unit Pearl Place development in Portland. More...

Avesta Preserves 25 units of Elderly Housing in Androscoggin County — Jan 1, 2010

Avesta Housing purchased the Depot Street property, preserving these needed affordable apartments. More...

Avesta Receives Financing for Oak Street Project in Portland — Dec 1, 2009

Avesta Housing has been awarded low income housing tax credits from MaineHousing.
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A Clean, Well-Lighted Place — Nov 1, 2009

Avesta's Logan Place featured in the November issue of DownEast Magazine. More...

Avesta featured on State of the State — Jul 14, 2009

Avesta featured on 'State of the State' - Housing and the 124th Legislative Session More...

Avesta Supporting Affordable Housing Bond Bill — Jul 1, 2009

Avesta supports a bill proposing to create energy efficient, affordable housing. More...

National Low Income Housing Coalition Welcomes New Board Member from Maine — Apr 18, 2009

The National Low Income Housing Coalition (NLIHC) Board of Directors elected Greg Payne as one of six new members to serve on the board at its April 18, 2009 meeting in Washington, DC. More...

Portland building wins design award — Mar 27, 2009

Pearl Place, a 60-unit affordable housing development at the corner of Oxford and Pearl streets in Portland's Bayside neighborhood, has received two national awards for its green design.
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Park Street School proposal defeated — Jan 31, 2009

Record numbers turn out for Town Meeting. More...

Florence House will be welcome addition to city — Mar 12, 2008

Florence House, a $7.9 million project between St. John and Valley streets will provide permanent and shelter housing for 50 homeless women. More...

Avesta Housing Among Three Maine Companies to Receive Awards at 2008 USGBC GreenBuild Expo — Jan 1, 2008

At the 2008 Greenbuild International Conference, the U.S. Green Building Council awarded Taggart Construction and Avesta Housing Green Homebuilder Awards and CB Richard Ellis the 2008 Leadership Award for Organizational Excellence. More...

Affordable Housing is an Economic Necessity — Feb 1, 2007

High home prices relative to incomes are constricting our economy - by Nathan Szanton & Dana Totman** More...

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