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Month: December 2017

South Portland planners OK $13M Avesta Housing project

SOUTH PORTLAND — A $13 million, 64-unit mixed-income housing project approved for Westbrook Street could be on track to have tenants move in by September 2019.The Planning Board Tuesday night unanimously approved the final plan application from Avesta Housing for the five-story, mixed-use project at 586-600 Westbrook St.Design plans include four floors of rental housing,

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New Tax Bill Could Reduce Affordable Housing By Half, Advocates Say

As Congress moves through the process of potentially passing a major tax reform package, we’re still just starting to get a sense of what’s in the package now, what might be in the final plan and what the implications might be.Advocates for affordable housing in Maine are saying the package could be disastrous both for

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Parkside project set for Portland Planning Board hearing

PORTLAND — Avesta Housing’s plan to add 80 housing units in Parkside will face a Wednesday, Dec. 13, hearing before the Planning Board.Deering Place would consist of 27 apartments at 61 Deering St., plus 33 new apartments, renovations to 13 and turning existing commercial space into seven apartments in a building at 510 Cumberland Ave. The

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Avesta Housing report details severe shortage of affordable housing

Demand for affordable housing in southern Maine greatly exceeds the available supply, according to Avesta Housing’s affordable housing activity report for the first three quarters of 2017.Avesta Housing, a Portland-based nonprofit that has more than 80 properties and 2,400 apartments in its portfolio, reported that 2,077 households were on its waiting list for affordable housing

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Nonprofit Says It Has Seen A Big Spike In People Seeking Affordable Housing

A nonprofit organization that owns 2,200 affordable housing units in southern Maine and southern New Hampshire says it has seen a large increase in the number of people seeking those accommodations. Avesta Housing Development Officer Greg Payne says, through the first three quarters of this year, nearly 3,000 households have contacted the organization looking for

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