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. When completed, River Turn Woods will provide 40 new homes (30 affordable and 10 market rate) to the Conway community.
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 rate units. Avesta Housing developed and is managing the property for Community Concepts. The ceremony included speeches by Maine Governor
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, trade school, or certificate programs in the next 12 months. This year marks the 50th anniversary of Avesta Housing.
Following a months-long, nationwide search, Rebecca Hatfield has been chosen as the next president and CEO of nonprofit affordable housing provider Avesta Housing. Hatfield is currently senior vice president of real estate at Avesta, and her promotion to president and CEO is the latest testament to the skills and accomplishments she has exhibited since joining
STRIVE U of South Portland has been awarded the Avesta Housing Mike Yandell Award for its extraordinary work in the field of affordable housing. Avesta Housing President & CEO Dana Totman presented the award on June 22 to Pete Brown, associate director of PSL Services/STRIVE, during Avesta’s grand opening celebration of Deering Place, a 75-unit
On June 22, Avesta Housing held a grand opening celebration of Deering Place, a new 75-unit affordable housing development located in the heart of downtown Portland in the historic Parkside neighborhood. A mixture of affordable and market-rate units, Deering Place consists of three apartment buildings located on contiguous lots in the historic Parkside neighborhood: 63
Avesta Housing has appointed new members to the Avesta Housing Board of Directors and the Board of Trustees for 75 State Street, an affiliate of Avesta: Alice Kabore, multicultural and multilingual coordinator for the South Portland School Department, has joined the Avesta Housing Board of Directors. Since 2019, Alice has been the African Gala chair
Deering Place, Avesta Housing’s newest affordable housing development in Portland, has been named one of the top real estate developments in Maine by the Maine Real Estate & Development Association (MEREDA). The award was presented during MEREDA’s annual spring conference on May 24 at Holiday Inn by the Bay in Portland and accepted by Avesta
Bangor Savings Bank has awarded a $50,000 donation to Avesta Housing to support Avesta’s mission of providing safe, quality affordable housing in Maine and New Hampshire. As Avesta celebrates its 50th year, the need for affordable housing has never been greater. Bangor Savings Banks’ gift will help Avesta provide residents and applicants with essential support
On May 5, Maine lawmakers announced the $50 million Maine HomeOwner Assistance Fund to help homeowners in the state who have been affected by the COVID-19 pandemic. The Avesta HomeOwnership Center (HOC) is helping to facilitate the program. The Maine HomeOwner Assistance Fund is a free federal relief program for homeowners in Maine who have
Avesta Housing improves lives and strengthens communities by promoting and providing quality affordable homes for people in need.
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