Bangor Savings Bank Gifts $50,000 to Avesta Housing

Bangor Savings Bank has awarded a $50,000 donation to Avesta Housing to support Avesta’s mission of providing safe, quality affordable housing in Maine and New Hampshire.

As Avesta celebrates its 50th year, the need for affordable housing has never been greater. Bangor Savings Banks’ gift will help Avesta provide residents and applicants with essential support and services. A portion of the funds will support the activities of the Avesta HomeOwnership Center, which provides homebuyer education classes, free financial counseling and assistance with foreclosure prevention.

“We are proud to recognize and support Avesta Housing’s 50th Anniversary to further aid critical housing challenges. Avesta’s advocacy and timely work in providing and promoting affordable housing and support services for low- and moderate-income individuals and families is important to improving our economic landscape, now more than ever,” said Jay Muth, vice president and community development banking and public finance officer of Bangor Savings Bank. “We wish Avesta continued success in improving access to affordable and safe housing for the residents in our communities in Maine and New Hampshire.”

(Pictured left to right: Rebecca Hatfield, senior vice president of real estate, Avesta Housing; Shawn McKenna, vice president, commercial banking, Bangor Savings Bank; Dana Totman, president and CEO, Avesta Housing; Jay Muth, vice president and community development and CRA officer, Bangor Savings Bank; Eric Boucher, senior vice president of finance and administration, Avesta Housing; and Josephine Katandula, management trainee, Bangor Savings Bank)

Click here to read the press release