EXETER — Avesta Housing recently applied for a Community Development Block Grant (CDBG) to receive $500,000 in funding for the fourth phase of its affordable housing project at Meeting Place Drive off Epping Road. Felder Kuehl Properties, LLC also approached the town for the same grant to break ground at 85 Epping Road.
Avesta’s final installment at Three Meeting Place will provide 43 one-bedroom and two-bedroom units to families, completing the multi-building campus at Meeting Place Drive. The current campus consists of three buildings and 97 units.
A CDBG grant is a federal program run by the U.S. Department of Housing and Urban Development to develop viable communities by providing decent housing, a suitable living environment, and opportunities to expand economic opportunities, principally for low- and moderate-income persons.
Five New Hampshire housing initiatives have been awarded nearly $5.5 million in grants, loans and interest-rate subsidies through the Federal Home Loan Bank of Boston’s 2016 Affordable Housing Program.
All told, the bank announced that 45 projects in New England will receive $56.4 million in assistance. The funds will be used to finance 1,100 units of affordable rental and ownership housing for households earning at or below 80 percent of area median income in seven states.
The funds were awarded through member financial institutions to projects that will create or preserve affordable rental and ownership housing. AHP funds are used to create or preserve affordable housing and help pay construction, acquisition or rehabilitation costs.
Plans to create nearly 400 new units of affordable housing in Maine will move ahead after receiving crucial financial support from a federal bank this week.
The Federal Home Loan Bank of Boston will play a pivotal role in the development of much-needed affordable housing in 2017, providing $17.5 million in subsidies for 13 projects in Maine to build or renovate more than 380 rental units, according to a release from the bank.
Among those projects are three involving Portland-based developer Avesta Housing Development Corp. Avesta CEO Dana Totman said there is a critical need for more affordable housing in Maine and called the Boston bank’s support essential.
“In some cases, the project never would get built (without it),” Totman said Thursday. “In other cases, we might have waited another year and reapplied.”
Avesta has about 3,000 people on its wait list this year, he said. “Our phone is simply ringing off the hook with people looking for affordable housing.”
It’s time for the Sentry Great Person Award nominations.
Each year we ask our readers to tell us who has influenced their lives. There are no special qualifications for the Great Person Award – it’s simply to honor those who make this community a special place to live.
Your Great Person may be the person who hands you your morning coffee daily with a smile on her face. It may be the volunteer who works tirelessly for an area nonprofit. It may be a teacher who spends that extra moment helping you, or a police officer who coaches your son’s basketball team. The award is meant to be a thank you for all they do during the year.
The winner will be interviewed for a newspaper article.
Climate change poses a threat to property and infrastructure up and down the East Coast, and in Portland, residents and planners are starting to devise a response.
The latest installment of our occasional series “Beyond 350: Confronting Climate Change” focuses on the growing movement toward “coastal resilience.”
Portland’s Bayside neighborhood is one of the city’s most vulnerable to climate change. Rising sea-levels and more frequent, intense rainfalls are taxing its aging stormwater overflow systems.
“The biggest problem is that Bayside is our lowest elevation neighborhood,” says Bill Needelman, the city’s Waterfront Coordinator.
Needelman says this area, on a flat plain near the city’s Back Cove inlet, is 4-5 feet lower than bustling Commercial St. on the harbor.
Chomba Kaluba, a resident at Avesta Housing’s mixed-income development 409 Cumberland in Portland, Maine, sat down with Affordable Housing Finance to discuss what home and community mean to him. Kaluba also is an Avesta Housing board member. Please click the link below to be redirected to video of the interview.
My mother’s brush with death started out innocuously. She had a persistent “wheezing,” and while—as the days passed by and it turned into a cough—she knew it probably should have gone away by that time, it took too much energy to catch the required two buses to visit her physician. It could wait a little longer, she reasoned.
Yes, at 85, that was not the smartest conclusion, but she has always been the type to not complain. I live a two-hour flight away and my sister requires a two-hour drive to visit. She didn’t want to use up our calls and visits with what she viewed as “whining,” so we had no idea she was feeling so poorly. When my sister began to catch on, my mom promised to visit her doctor. But she didn’t. Already living alone in a retirement community, she stopped going downstairs for meals regularly or even visiting her friends. Meanwhile, the weariness caused by the cough caused her to stop doing the exercises she needed to rehabilitate her recently repaired shoulder.
Both of those disasters in the making could likely have been nipped in the bud if she had been able to “virtually” consult with a physician or nurse early on. Instead, she developed pneumonia and came very close to dying. She has never fully recovered; in fact, in a few weeks, she will have to move in with my sister, away from the retirement community she loves.Such a scenario is exactly the type that Kim Farrar, vice president of residential services at Avesta Housing in Portland, Maine, hopes to prevent with the organization’s experiment with telemedicine.
HAMPTON FALLS, NH — Construction has begun for the Meadows at Grapevine Run, an affordable senior housing development in Hampton Falls by Avesta Housing, and will be available to rent next summer 2017. With financing help from Meredith Village Savings Bank (MVSB), the Meadows at Grapevine Run will offer 24 units of affordable, one-bedroom senior housing on a 57-acre site in the center of town, according to a press statement. It will also include a community room and laundry room.
The project is sponsored by Avesta Housing, a nonprofit developer that specializes in affordable housing.
“We’re proud to support local organizations, like Avesta Housing, that help our communities thrive,” said Rick Wyman, the president of Meredith Village Savings Bank. “With a loan processing office in Hampton Falls and construction for our new branch in Portsmouth slated to start soon, the Seacoast has become a major community focus for us. We are happy to do all we can to further the economic advancement of this area.”
WASHINGTON, DC – Fifteen nonprofit community development organizations were recognized today for their excellence in sustainable business and housing practices that are designed to save people money by NeighborWorks America. To date, 95 network members have earned the NeighborWorks Green Organization designation.
This is the fifth year of the NeighborWorks Green Organization program, which recognizes community development nonprofits in its network of more than 240 organizations that demonstrate a comprehensive commitment to sustainable operations — both in their lines of business and the corporate operations they run.
“Operating under green practices provides a triple win — residents, businesses and organizations all win,” said Paul Weech, chief executive officer of NeighborWorks America. “The organizations that earn this designation from NeighborWorks America show that green business practices not only support a nonprofit’s bottom line and further its mission, but also protect people’s pocketbooks and their well-being.”
SEARSMONT — What’s coming off the assembly line at Ecocor looks a bit like a really fat, firm box spring, 18 inches thick, swathed in high performance fabrics, framed with wood, so solid that even the princess couldn’t feel a pea through it.
But these are building panels, walls for prefabricated homes, very different from the kind of prefabricated homes we’re accustomed to, the single-wide rolling slowly down the highway. These walls are for homes certified to Passive House Institute standards – that’s the German energy efficiency movement founded in the late 1980s – which means they’ll be 90 percent more efficient than traditional construction. With solar panels on the roof, Ecocor’s houses can even be net positive, i.e., producing more energy than they consume.
Ecocor founder, owner and technical director Chris Corson built his first Passive House in 2010 in Knox and has finished about 35 since then, all over the Northeast. After years of flying under the radar, he is ready to talk about making houses like his commonplace, and in so doing, helping fight climate change. Because it’s not just freeways clogged with cars that are heating the planet.
307 Cumberland Avenue
Portland, ME 04101
Toll free: 800-339-6516 (voice/TTY)
Hours: Monday- Friday - 8:30-4:30
Appointments are available by request.
If you require assistance in filling out your application, please call: 207-553-7777 to schedule an appointment.
NEW HAMPSHIRE OFFICE
4 Meeting Place Drive
Exeter, NH 03833
Toll free: 800-339-6516 (voice/TTY)
Hours: By appointment only