FRYEBURG, Maine — Representatives from Portland, Maine-based Avesta Housing elaborated on their plans for the former C.A. Snow School property at last Thursday’s selectmen’s meeting, which may or may not preserve the school building depending on its historical significance. and Development Officer Catherine Elliott of Avesta of Portland, Maine, also answered a litany of questions

A proposed tax credit aimed at bringing more affordable housing to Maine is headed for a vote in the House and Senate after last week’s endorsement by the Taxation Committee. L.D. 1645, “An Act to Create Affordable Workforce and Senior Housing and Preserve Affordable Rural Housing,” is sponsored by state Rep. Ryan Fecteau, D-Biddeford, who

PORTLAND — Business leaders and affordable housing agencies say a piece of legislation modeled after 16 other states’ affordable housing tax credits is the state’s best shot to jump start building more affordable living space for workers, seniors and rural residents. “What’s being proposed is really the best of those 16 states’ (policies),” CEO of

Advocates of a proposed tax credit aimed at bringing more affordable housing to Maine made their case this week at a public hearing in Augusta. L.D. 1645, “An Act to Create Affordable Workforce and Senior Housing and Preserve Affordable Rural Housing,” is sponsored by state Rep. Ryan Fecteau, D-Biddeford, and had its first public hearing this

Affordable housing advocates are backing a measure in the State House to give up to $80 million in tax incentives to double the number of low-income housing units built in Maine over the next four years. The bill would give developers access to refundable tax credits to finance the construction of  low-income housing. The bill,

In every community in Maine there are old buildings — maybe two, maybe three, maybe 20 — that catch your attention. You’ve probably walked passed these buildings and thought “what an eyesore, when are they going to tear that down?” But for tens of thousands of Mainers, that old building could be retrofitted, remodeled or

KeyBank Foundation, the charitable arm of KeyBank, has awarded a $133,333 grant to Portland-based Avesta Housing to promote housing development for low-income older Mainers and support education and counseling programs for first-time homebuyers and homeowners facing the threat of foreclosure. Part of the donation will promote expanded access to safe, clean and affordable senior housing,

The KeyBank Foundation has awarded a $133,333 grant to Portland-based nonprofit Avesta Housing to help fund a multi-generational approach to “critical areas of community need,.” The foundation, which is the charitable nonprofit unit of KeyBank, awarded the grant after extensive discussions with Avesta, which builds and manages affordable housing, Dana Totman, Avesta president and CEO, said