News
Avesta awarded almost $20 million in equity and subsidy funding
Avesta has been awarded two 9% Low Income Housing Tax Credit (LIHTC) awards and four Federal Home Loan Bank of Boston Affordable Housing Program (AHP) awards. This represents almost $20 million in equity and subsidy
Former Avesta employee becomes first Somali-American mayor in U.S.
Somalia was on the verge of civil war when Deqa Dhalac fled the capital city of Mogadishu 31 years ago and began her journey to become the first Somali-American mayor in the United States. On
Commission: Eliminate single-family zoning to increase housing
Recommendations from the Commission to Increase Housing Opportunities in Maine by Studying Zoning and Land Use Restrictions include eliminating single-family zoning, allowing in-law apartments as a matter of right and removing municipal growth caps. Click
Avesta receives $75K grant for affordable housing pre-development
Avesta Housing has received a $75,000 grant from the Five Together Foundation to address the affordable housing crisis in the state. Established in 2005, the Five Together Foundation supports initiatives in youth leadership and development,
Senior support worker connects older adults with resources
Avesta Housing has created a new staff role to safeguard housing stability for older adults living in our properties. This “senior support specialist” will provide one-on-one support to senior residents with mental health issues who
Avesta HomeOwnership Center gives Maine family tools to purchase first home
Photo: The Kanakan family, left to right — Andom, Mitchell, Jonathan, and Jeannicaise Buying a house can be a stressful experience, especially when it’s your first home. Add a red-hot real estate market to the
Avesta Housing featured in Mainebiz 2021 Giving Guide
The past 19 months have not been easy for nonprofits in Maine. The COVID-19 pandemic, wage uncertainty, worker shortage, rising costs of goods and services, and more have forced many to rethink their fundraising strategies
Southgate named one of best affordable housing developments in nation
The Affordable Housing Tax Credit Coalition (AHTCC) announced Sept. 23 that Southgate in Scarborough, Maine, is a 2021 recipient of the Charles L. Edson Tax Credit Excellence Award in the Rural Area category, recognizing affordable
Avesta ready to start Conway project
CONWAY, N.H. — A construction firm has been hired for the first of four affordable apartment buildings approved for the Avesta Housing Development Corp. site off Technology Lane. Patrick Hess, project manager at Avesta, a
