Avesta campaign for critical-need senior housing enters final year
February 2, 2021
Avesta Housing’s $2 million three-year campaign to build affordable housing for seniors in areas where there’s a critical need got a boost to begin its final year.
The Mascoma Bank Foundation, based in Lebanon, N.H., awarded a $15,000 grant to the Portland-based nonprofit’s Silver Hearth Fund, which Avesta launched in 2019. The grant is the latest of 35 donations pledged to the campaign, which has raised $1.4 million and expects to hit its goal by the end of the year.
The Silver Hearth Fund fundraising initiative is focused on addressing the acute affordable housing needs of older adults living in Avesta’s market areas in Maine and New Hampshire.