Avesta Housing is proud to announce the appointment of four new members to its Board of Directors. “These four new directors bring a broad range of experience and perspectives that will strengthen our board and help guide Avesta’s work in the years ahead,” said Board Chair Dr. Renee Fay-LeBlanc. “We’re thrilled to welcome them and
Portland-based nonprofit Avesta Housing has hired John Egan as its director of development, replacing Patrick Hess, who has been promoted to vice president of real estate. Egan will lead Avesta’s real estate development team in creating and preserving affordable rental housing in Maine and New Hampshire. He comes to the position with nearly four decades
Avesta Housing has hired John Egan to be its new director of development. In his new position, John leads Avesta’s real estate development team in developing and preserving affordable rental housing in Maine and New Hampshire. He has nearly four decades of community development experience in Maine and Alaska as a developer, lender, investor and
Maine’s largest affordable housing developers are at a loss. Ten projects that would add more than 400 sorely-needed units to the state’s low-income housing stock are fully permitted and ready to go. But none can break ground because of a new federal rule designed to boost American manufacturing. The Build America Buy America Act, signed by
The Domus development team plans to break ground this spring on a mixed-income condominium complex in downtown Freeport, which is designed to be a near-copy of what the company is currently building in Westbrook. The concept behind the projects is that the design can be replicated in multiple locations, reducing project timelines and costs. The
FARMINGTON, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, hosted a ribbon-cutting ceremony on Feb. 25 for Edgewater Village, a new affordable housing community for individuals who are 55 and older. Located at 126 Willow Springs Drive, Edgewater Village is the first affordable housing development in Farmington in at
FARMINGTON — A new $9.5 million housing community for residents ages 55 and older officially opened this week, addressing a growing demand for affordable living in rural Maine. Avesta Housing held a ribbon-cutting ceremony Wednesday, Feb. 25, to mark the opening of Edgewater Village at 126 Willow Springs Drive, off Routes 4/27. It’s Avesta’s first development in Farmington.
FARMINGTON, Maine (WABI) – A ribbon cutting was held in Farmington on Wednesday on a new affordable living facility for those over the age of 55. Avesta Housing welcomed in members of the community to tour Edgewater Village. There are 25 single-person units developed with older adults’ requirements in mind. Executives with the project say
FARMINGTON, Maine — A new affordable housing development for seniors is now open in Farmington, aiming to address a growing need for accessible and affordable living options for older Mainers. Edgewater Village, led by Avesta Housing, features 25 one-bedroom apartments for residents age 55 and older. Monthly rents range from $851 to $972, with all
Older adults have started moving into a new 25-unit affordable apartment building in Farmington created by a Portland-based nonprofit. Avesta Housing recently completed Edgewater Village, a 19,744-square-foot affordable apartment building for people 55 and older, according to the nonprofit. The two-story building on Willow Springs Drive offers 25 one-bedroom apartments, all of which are 535
