Boston Capital is investing in the preservation and redevelopment of Deering Place, a 75-unit mixed-income development for families and individuals in Portland, Maine. The latest project by Portland-based nonprofit Avesta Housing, Deering Place will serve families earning 50% or less of the area median income. “Deering Place represents our 14th investment with our partner Dana

SOUTH PORTLAND — Officials are contemplating increasing the city’s lower- and middle-income housing stock by 10% within six years. According to the Greater Portland Council of Governments, the number and location of households in the region struggling with the cost of housing is rising, with the burden falling heavily on the senior population. Travel between