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Category: Affordable Housing

Avesta receives Bangor Savings $50k donation toward homeownership program

A new program offered by Avesta Housing’s HomeOwnership Center received a $50,000 donation from Bangor Savings Bank, designated to help people with moderate incomes purchase their first homes and achieve housing stability. Avesta’s program, A Path Forward: Homeownership for ME, aims to create a pathway to homeownership for Maine residents who have been priced out

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New Avesta program gives first-time homebuyers ‘A Path Forward’

Tackling the affordable housing shortage requires a myriad of creative solutions. Building new affordable homes is essential, but multi-family developments can take years to complete. Meanwhile, thousands of houses in Maine sit vacant due to abandonment, foreclosure, or other reasons. A new program administered by the Avesta Housing Homeownership + Financial Counseling department is an

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U.S. Sen. Angus King meets with Avesta Housing to discuss housing needs and solutions

U.S. Sen. Angus King (I-Maine) with Avesta Housing senior leadership staff at Porter Station in Portland, Maine, on Nov. 1. L-R: President & CEO Rebecca Hatfield, Resident Services Manager Nick Kjeldgaard, Sen. Angus King, Director of Real Estate Development Patrick Hess, HomeOwnership Center Director Nicole DiGeronimo, Senior Vice President of Finance & Administration Eric Boucher

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Bangor Savings Bank donates $50,000 to new Avesta Housing program for aspiring homeowners

(L-R): Bangor Savings Bank Vice President & Community Relations Manager Gavin Robinson, Avesta Housing HomeOwnership Center Senior Financial Counselor Madisen Corcoran, Avesta Housing Vice President of Advancement Sara Olson, Avesta Housing Corporate & Major Gifts Officer Zoë Alexis Scott, Bangor Savings Bank Senior Vice President & Team Lead of Southern Maine Commercial Lending Diane Donaldson,

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Housekeeper and financial advisor among Avesta’s Core Award recipients

Avesta Housing, the largest nonprofit affordable housing provider in Northern New England, recently honored the exemplary service and dedication of its employees with its Core Values Awards. The awards are presented annually to four staff members who exemplify Avesta’s core values: Humanity: Care about people Stewardship: Manage resources responsibly, efficiently and sustainably Relationships: Seek meaningful

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Avesta receives $25K from Mascoma Bank Foundation to help new homeowners

Avesta Housing, the largest nonprofit affordable housing developer in Northern New England, received a $25,000 gift from the Mascoma Bank Foundation for a new program administered by the Avesta HomeOwnership Center that helps moderate-income households achieve homeownership and housing stability. The program, called A Path Forward: Homeownership for ME, is designed to create a pathway

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Avesta Housing Turns School Site Into Affordable Homes

The site of a former elementary school has found a new purpose as housing for older adults in Fryeburg, Maine. The new Snow School Apartments is a prime example of how unused public property can be turned into an essential community resource, according to developer Avesta Housing, the largest nonprofit affordable housing provider in Northern

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Meeting Place campus named Avesta Property of the Year

Meeting Place staff (L-R): Compliance and Policy Manager (formerly Regional Property Manager) Molly Duda, Property Manager Allison Conboy, Senior Property Manager Jessica Young, Resident Service Coordinator Melissa LeBrun, Leasing Specialist Amy Stanganelli, and Maintenance Technician Gavin Peacock. Not pictured: Senior Maintenance Technician Denis Ledoux and Accounting Specialist Chris Gray. Avesta Housing has named the Meeting

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