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Dana Totman honored with Congressional Record entry

Avesta Housing President & CEO Dana Totman has been honored by U.S. Sen. Angus King (I”“Maine) in the Congressional Record for his 22 years of service at Avesta and in the affordable housing industry. Teague Morris, outreach director for King, presented Totman with an official copy of the Congressional Record on June 22 during the

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Avesta hosts grand opening celebration of Deering Place

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

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Nearly half of all Maine tenants cannot afford rent, new study says

Rent has become unaffordable for nearly half of all Maine tenants, according to new data from Harvard University. A study published Wednesday by the university’s Joint Center for Housing Studies indicates that 41.1 percent of tenants in the state are cost-burdened by rent, with almost 20 percent being “severely” cost-burdened. Click here to read the

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Affordable housing units open in heart of Portland

The housing authority in Maine, MaineHousing, estimates that Maine is between 20,000 and 25,000 affordable units short of what we need. That estimate is based on a couple of things, including the waiting list for Housing Choice Voucher (Section 8) tenants and an annual survey of the National Low Income Housing Coalition, which does a

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Avesta to host grand opening of Deering Place on June 22

Avesta Housing will host a grand opening celebration of Deering Place, a new 75-unit affordable housing development in downtown Portland, at 4 p.m. Wednesday, June 22. The event is free and open to the public. The grand opening celebration will be held at 510 Cumberland Ave. and will feature guest speakers, refreshments, giveaways, and more.

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New members appointed to Avesta, 75 State Street boards

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

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Deering Place wins MEREDA development award

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

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Bangor Savings Bank Gifts $50,000 to Avesta Housing

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

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