News
Resident profile: Jason
Jason is a single dad raising two daughters, ages 8 and 13. When their apartment was turned into an air B&B, they had to find another place to live – and the options were slim.
How State and Local Initiatives Are Bridging the Affordable Housing Gap
Affordable housing presents a paradox. The National Low Income Housing Coalition estimates the nationwide shortage at 7.1 million affordable units, with the majority of states having 40 or fewer homes available per 100 extremely low-income renters.
Dozens of Maine homeowners face foreclosure after USDA acts on years-old loan defaults
MAINE, USA — As homeownership continues to stretch out of reach for many, dozens of existing homeowners in rural Maine are facing foreclosure, according to court documents. The recent series of foreclosure filings is related
Resident profile: Oscar & Ruth
Oscar & Ruth moved into their Avesta home in South Portland five years ago with their young daughter. Since then, they have flourished – Oscar, who has a bachelor’s degree in industrial engineering, works full-time
Maine housing advocates warn of coming ‘tsunami’ of USDA foreclosures on rural homes
Some of the hundreds of rural Mainers who bought their homes through a government loan program soon could be hit by what state housing advocates have called a “tsunami” of foreclosures, the origins of which
New Avesta programs provide homeownership opportunities for middle-income wage earners
The students in Nicole DiGeronimo’s first-time homebuyer classes are increasingly older with a little more money saved up. They still can’t buy a home in Maine. “These are people that probably never anticipated it would
Avesta Housing, Preble Street celebrate 20 years of housing for chronically homeless
Avesta Housing recently joined its partner Preble Street to help celebrate 20 years of providing safe, quality, permanent housing and 24-hour support services for people who were chronically homeless in Maine. On March 25, we
Resident Profile: Russell
When Russell’s seasonable job ended six years ago, he was unable to afford the rent on his apartment and began living in his truck. Then a deer jumped through one of the truck’s windows and
Mission Possible: Avesta Housing 2024 Community Impact Report
In 2024, Avesta Housing provided 3,072 affordable homes to more than 4,600 people in Maine and New Hampshire. But these numbers only tell part of the story. You can learn more about how we are
