Avesta Housing is featured in a new case study by Maine-based TimberHP, the leading U.S. manufacturer of wood fiber insulation. Made from residual wood chips produced by lumberyards, the high-performance insulation promotes sustainable building practices while improving energy efficiency and providing comfortable living conditions for residents. Avesta was one of the first housing developers to
Avesta Housing is building more than 500 affordable homes right now in communities across Maine, and more than 600 additional homes are in our development pipeline for Maine and New Hampshire. Ranging in scope from renovations of single-story garden-style apartments for older adults to brand-new multi-story workforce housing for families, we are working hard to
Avesta Housing President & CEO Jennifer Hawkins was a guest on the “Good Morning NH with Jack Heath” radio show on Sept. 17 to discuss the state of affordable housing in New Hampshire and how Avesta Housing is addressing the housing shortage in the Granite State. Click below to listen. Click here to listen to
PORTLAND, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has presented its Mission Champion Award to the Southern Maine Agency on Aging (SMAA) for its longtime commitment to provide support and services to older adults living in affordable homes in Maine. Avesta’s Mission Champion Award is presented annually to
The housing shortage is not going away anytime soon. According to the latest estimates, Maine needs to build 84,000 new homes and New Hampshire needs to build 60,000 new homes by 2030. That’s only five years from now, and on the surface, the task seems insurmountable. However, there is new reason to hope. Both states
Construction has started on a 201-unit affordable housing development in downtown Portland, Maine. Located within walking distance of restaurants, grocery stores, health services, and public transit, 89 Elm Apartments will be home to households earning up to 60% of the area median income. Avesta Housing, a regional nonprofit developer, and Reveler Development, the master developer
Children in Avesta homes are learning math skills and boosting their chances of academic success thanks to a new partnership between Avesta Housing and a Maine nonprofit. Presented by the Early Math and Language Initiative (EMLI), the Family Math program teaches pre-K children in under-resourced communities through a combination of storytelling, group activities, and one-on-one
PORTLAND, Maine — In a significant move to address Portland’s affordable housing crisis, WNC & Associates, Avesta Housing, and Reveler Development have officially broken ground on 89 Elm Apartments, a new 201-unit affordable housing community in downtown Portland. The $87.8 million development aims to provide critical relief in one of Maine’s most competitive rental markets. Located at 89 Elm
WNC & Associates is teaming up with Avesta Housing and Reveler Development to develop 89 Elm Apartments, an $87.8 million, 201-unit affordable housing community located in downtown Portland, Maine. The property is expected to finish construction in in 2027. It is the fourth community for WNC in Portland. Last month, the company and the Portland
Avesta Housing and Reveler Development have broken ground on a 201-unit affordable housing complex on the corner of Elm and Oxford Streets in Portland. Units in the complex will be made available to people earning no more than 60% of the area median income — which is $90,860, meaning the apartments will be open to
