News
Avesta Housing featured in Mainebiz 2022 Giving Guide
The lack of affordable housing has reached crisis levels in Maine and nationwide. Avesta Housing is at the forefront of promoting and providing more safe, quality, affordable housing for all people in need. Read about
Avesta President & CEO Rebecca Hatfield makes ‘Mainers of the Year’ list
Maine Magazine has named Avesta Housing President & CEO Rebecca Hatfield one of its Mainers of the Year. Each year, the magazine honors exceptional Maine residents to celebrate the work they’ve done and continue to
Avesta partner provides groceries to food-insecure residents
Inflation hits lower-income populations the hardest. When the price of groceries increases dramatically, people who are already struggling to buy basic necessities are in danger of going hungry. Avesta Housing has formed partnerships with numerous
New Avesta Housing CEO to join Camden National board
Rebecca Hatfield, Avesta Housing’s new president and CEO, will join the board of directors at Camden National Corp. (Nasdaq: CAC), parent company of Camden National Bank, at the end of this year. Effective Dec. 31,
Two Maine nonprofits tackle affordable housing in NH
Two Portland-based nonprofits this week announced plans to address affordable housing challenges in neighboring New Hampshire. Evernorth, a nonprofit with dual headquarters in Portland and Burlington, Vt., said it will oversee a workforce housing loan
River Turn Woods celebrated with groundbreaking
CONWAY, NH — Avesta Housing celebrated its first affordable housing development in Mount Washington Valley on Sept. 23 with a groundbreaking ceremony featuring development, legislative, and financial partners. When completed, River Turn Woods will provide
Deering Place mural pays homage to residents and community
One of the unique aspects of Deering Place, Avesta Housing’s new affordable housing development in downtown Portland, is the use of art to decorate interior and exterior space. Several local artists provided work to bring
Federal tax changes would ease Maine’s affordable housing shortage, says one developer
A group called “Up for Growth” released a study last month that found Maine was about 9,000 affordable housing units short in 2019. The Portland-South Portland region alone was said to be some 8,000 affordable
Construction begins on River Turn Woods in New Hampshire
Our development team has closed on the land acquisition and construction financing for the first phase of River Turn Woods in Conway, N.H., and construction is underway. A groundbreaking ceremony is tentatively scheduled for September.
