Kennebunk Savings Bank donates parcel of land to Avesta to develop affordable housing in town

Kennebunk Savings Bank is taking the unusual step of donating a parcel of land it owns for a 70-unit affordable housing development.

The 41-acre parcel at 7 Alewive Park Road in Kennebunk would be divided into lots, one for two buildings that each would have 35 units and a second lot that would remain open space and protect wetlands.

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