Impact & Vision
Providing safe, quality, affordable homes requires more than putting up buildings. It requires a concerted effort among nonprofit partners, funders, and policymakers working together toward a common goal. Avesta Housing addresses the causes of affordable housing as well as the need.
Organization
Established in
1972
in Assets
Budget
Affordable Housing Portfolio
41
Cities And Towns
Served
Properties
(Apartment Units)
Resident Profile
Income
Resident Profile: Ben & Lilian
Ben and Lilian and their four children have lived at Brick Hill Townhouses in South Portland since 2010. Ben is a home care worker with Maine Behavioral Health and Lilian is a special projects coordinator for The Opportunity Alliance WIC program.
Both parents appreciate how ideal the Brick Hill community is for families with children. “I like how the area is situated,” says Lilian. “There are no busy streets; it’s really quiet. For all our children, this is their home. This is their neighborhood.”
Affordable Homes in Development
From the purchase of land to resident occupancy, each property Avesta Housing builds is the result of a years-long process. As of December 31, 2023, our robust pipeline included over 800 homes across 19 properties and more than $300 million in development costs. This pipeline is the result of a concerted effort, through strategic investments and partnerships, to accelerate development in response to the housing crisis.
From the purchase of land to resident occupancy, each property Avesta Housing builds is the result of a years-long process. As of December 31, 2023, our robust pipeline included over 800 homes across 19 properties and more than $300 million in development costs. This pipeline is the result of a concerted effort, through strategic investments and partnerships, to accelerate development in response to the housing crisis.
The Latest in Avesta News
Avesta Housing appoints new members to Board of Directors
Dr. Julia Redding (left) and Debra Orellana-Mejia Avesta Housing has appointed two new members to its Board of Directors: Dr. Julia Redding is a board-certified physician in family medicine and geriatric medicine who has
Avesta Housing releases 2023 Community Impact Report
2023 was a year of expanding and accelerating the development of much-needed housing for the people of Maine and New Hampshire. Through our dedication to developing, managing, and advocating for affordable homes, Avesta is helping
Rebecca Hatfield and Ryan Fecteau serve as panelists at GPCOG housing summit
Avesta Housing President & CEO Rebecca Hatfield and Senior Officer of Policy & Planning Ryan Fecteau served as panelists at a housing summit hosted by the Greater Portland Council of Governments in Portland on March