Category: News

Allied Cook Construction is renovating Avesta housing complex in Sanford

Avesta Housing is refurbishing a 40-unit affordable apartment complex in Sanford known as Patriot Place. The $9.6 million renovation is being managed by Scarborough-based Allied Cook Construction. Located at 24 Patriots Lane, the 40-year-old development has been owned by Portland-based Avesta Housing since 2006. The complex consists of three garden-style apartment buildings, designed for both individuals

May 13, 2026

Is a Portland rule requiring affordable units slowing down real housing growth?

Six years ago, Portland adopted strict development regulations in an effort to boost affordable housing production in a city grappling with high rents and low inventory. A new report suggests the policy may have done the opposite, and city councilors are now moving toward rolling back or amending the changes to the inclusionary zoning policy approved by

May 8, 2026

How a landmark 2022 law set the stage for increased interest in ADUs in Maine

Jamie Berry-Brennan was skeptical when his wife suggested they build an accessory dwelling unit for his parents on their Peaks Island property. But he also knew he wanted them closer. His three young kids were growing up fast and rarely got to see their grandparents, who lived 100 miles away in Troy. “It was just

May 5, 2026

Gov. Mills talks teacher pay and housing supply on U.S. Senate campaign trail

Governor Janet Mills, while running for U.S. Senate, continued her tour of the state with stops at the University of Southern Maine and housing projects in Portland on Monday. … Mills’ final housing stop was a roundtable discussion with experts from Preble Street, BangorHousing, Avesta Housing and other teams. The governor listened to the housing

April 27, 2026

Evernorth fund will help finance three housing developments in Maine

Three housing developments in Maine were among 10 approved for financing through an $81.75 million investor fund pulled together by Evernorth, a nonprofit financing syndicate that provides affordable housing and community investments in Maine, New Hampshire and Vermont. Evernorth, based in Portland and Burlington, Vt., recently closed Housing New England Fund VII, with 19 investors committing

April 22, 2026

Building Business: Hebert Construction restores Lewiston landmark for affordable housing

Hebert Construction’s renovation of Lewiston’s 19th century Dr. Milton Wedgewood House was “a labor of love,” according to COO Simon Hebert. The year-long restoration was handled by Hebert, Avesta Housing and Lewiston Housing Authority as the centerpiece of an 82-unit, nine-building affordable housing complex, covering an entire block in downtown Lewiston. The project is being recognized by Maine Preservation

April 2, 2026

Maine’s construction industry keeping an eye on surging fuel costs

As the conflict in the Middle East enters its second month, rising gasoline and diesel prices are widely expected to add to construction costs in Maine and nationwide. While some construction companies are already feeling the pinch of higher fuel costs, others are weighing their next moves. At Avesta Housing, a Portland-based nonprofit developer of

March 30, 2026

Maine Preservation awards shine light on reimagined historic sites

Conversions of historic homes in Bethel and Lewiston into residential developments, along with the preservation of a century-old former lifesaving station in Kittery, were recognized by Maine Preservation. The Yarmouth-based nonprofit recognized nine rehabilitation projects — and one preservation advocate — at an awards ceremony in Portland. The event was held at Good Theater at

March 25, 2026

Avesta Housing names four new board members

Avesta Housing, the Portland-based nonprofit, has appointed four new members to its board of directors. By May, once the changes are complete, the nonprofit will have 16 board members. Click here to read the full article

March 23, 2026

King, Maine nonprofits balk at proposed changes to USDA home-loan program

U.S. Sens. Angus King, I-Maine, and John Curtis, R-Utah, are urging the Trump administration to alter recent changes to financing policies that make it more difficult for rural Americans to obtain housing loans. In a letter to U.S. Department of Agriculture secretary Brooke Rollins, the senators asked that updates limiting additional access to the Rural

March 23, 2026

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Category: News