News

Avesta Housing names four new board members
Avesta Housing, the Portland-based nonprofit, has appointed four new members to its board of directors. By May, once the changes are complete, the nonprofit will have 16 board members. Click here to read the full

King, Maine nonprofits balk at proposed changes to USDA home-loan program
U.S. Sens. Angus King, I-Maine, and John Curtis, R-Utah, are urging the Trump administration to alter recent changes to financing policies that make it more difficult for rural Americans to obtain housing loans. In a

Avesta appoints new members to Board of Directors
Avesta Housing has appointed four new members to its Board of Directors, effective April 1: Atiim Boykin: Atiim is a clinical Liaison for the Maine State Forensic Service in the Office of Behavioral Health/Department of

Avesta Housing adds director of development with experience from Alaska to Maine
Portland-based nonprofit Avesta Housing has hired John Egan as its director of development, replacing Patrick Hess, who has been promoted to vice president of real estate. Egan will lead Avesta’s real estate development team in

Avesta Housing names new director of development
Avesta Housing has hired John Egan to be its new director of development. In his new position, John leads Avesta’s real estate development team in developing and preserving affordable rental housing in Maine and New

‘Buy America’ rule killing Maine affordable housing, developers say
Maine’s largest affordable housing developers are at a loss. Ten projects that would add more than 400 sorely-needed units to the state’s low-income housing stock are fully permitted and ready to go. But none can

Building Business: Innovative condo project slated for Freeport
The Domus development team plans to break ground this spring on a mixed-income condominium complex in downtown Freeport, which is designed to be a near-copy of what the company is currently building in Westbrook. The

Avesta opens first new affordable homes in Farmington in decades
FARMINGTON, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, hosted a ribbon-cutting ceremony on Feb. 25 for Edgewater Village, a new affordable housing community for individuals who are 55

Avesta opens Edgewater Village senior housing in Farmington
FARMINGTON — A new $9.5 million housing community for residents ages 55 and older officially opened this week, addressing a growing demand for affordable living in rural Maine. Avesta Housing held a ribbon-cutting ceremony Wednesday, Feb. 25, to