News
Lewiston breaks ground for government-financed affordable housing project
LEWISTON, Maine — Lewiston’s next, large affordable housing project is underway – a partnership among federal, state, and local governments and the private sector. Governor Janet Mills, along with Senators Susan Collins and Angus King,
Lewiston starts low-income housing project as homelessness increases in the city
LEWISTON, Maine — Construction started Monday on an 82-unit housing project in Lewiston. Half of the units will be new homes for low-income renters who currently live in housing that is deemed unsafe, according to
For development of multifamily housing, Maine is still on pace for a good year
Maine’s need for housing has been estimated to be 20,000 housing units. Multifamily housing is a key part of what’s needed. Not just affordable housing, but also workforce units and market-rate apartments for singles, the
Avesta President & CEO addresses affordable housing crisis in podcasts
In new podcasts by U.S. Sen. Angus King and the Greater Portland Council of Governments, Avesta Housing President & CEO Rebecca Hatfield discusses the affordable housing shortage, possible solutions to alleviate that shortage, and how
Avesta Housing and Preble Street applaud the signing of legislation to end chronic homelessness
Avesta Housing and Preble Street applaud the signing today of the budget package by Maine Gov. Janet Mills and its inclusion of funding to support the creation of more site-based Housing First programs across Maine.
Advocates praise Housing First program created under Mills budget
PORTLAND, Maine — The budget Gov. Janet Mills signed into law Tuesday includes funding for a Housing First program to help people struggling with chronic homelessness in Maine. Avesta Housing and Preble Street partnered on the first three
Kennebunk Savings Bank plans to donate land for affordable housing
After Kennebunk Savings Bank bought an industrial building on Alewive Park Road and transformed it into its operations center, most of the surrounding land sat unused. It quickly became clear that the land in Kennebunk
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
Evernorth’s $54M affordable housing fund will invest in five projects in Maine
Evernorth, a nonprofit based in Portland, ME and Burlington, VT, has raised $54.05 million in equity from 14 investors. The funds will be used to invest in 10 developments, five of which will be in
