News
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.
6 Mainebiz Women to Watch alumni tell us what’s next
As Mainebiz inaugurates another group of inspiring Women to Watch in 2022, we checked in with some of last year’s honorees about the biggest changes at their organizations in the past year and their goals for this
Hundreds apply for new, affordable apartments in Lewiston
New, affordable apartments are now open in Lewiston, offering dozens of units for individuals and families in the area. More than 1,780 people asked about the 35 units at Gauvreau Place. The developers hope the
Gauvreau Place brings more affordable housing to Lewiston
On July 12, a ribbon-cutting ceremony was held in Lewiston for Gauvreau Place, a new housing development at Blake and Pine streets by Community Concepts, Inc. that provides 28 affordable housing units and seven market
A new tax law will freeze property taxes for eligible Maine seniors
A new law will freeze property tax increases for some older Mainers. In order to qualify, you must be 65 years or older and a permanent Maine resident who’s owned a primary residence in the
Avesta Housing names 2022 scholarship winners
Avesta Housing has named the recipients of its 2022 educational scholarships. The $1,000 scholarships are awarded annually to Avesta Housing residents who are enrolling in a secondary education program such as college, graduate school,
While awaiting guidance on state’s $100 million housing fund, developers ponder the pitfalls
When affordable housing developer NeighborWorks Southern New Hampshire embarked on its latest project – an affordable housing development in Nashua – it should have been familiar territory. The development is slated to hold 45 one-
Rebecca Hatfield named new president, CEO of Avesta Housing
Rebecca Hatfield, senior vice president of real estate at Avesta Housing, has been named president and CEO of the affordable housing nonprofit. Hatfield, who joined Avesta in 2015, will succeed longtime President and CEO Dana