When affordable housing developer NeighborWorks Southern New Hampshire embarked on its latest project – an affordable housing development in Nashua – it should have been familiar territory. The development is slated to hold 45 one- to two-bedroom units. Just three years ago, NeighborWorks, a nonprofit based in Manchester, completed a similar project in Merrimack: 45
Rebecca Hatfield, senior vice president of real estate at Avesta Housing, has been named president and CEO of the affordable housing nonprofit. Hatfield, who joined Avesta in 2015, will succeed longtime President and CEO Dana Totman when he retires in September. Totman announced in January that he would retire after 22 years. Portland-based Avesta Housing
Following a nationwide search, Rebecca Hatfield has been promoted to president and CEO of the nonprofit Avesta Housing, succeeding longtime leader Dana Totman. Hatfield, who joined Avesta in 2015, has been senior vice president of real estate at the Portland-based developer of affordable housing. She will move into her new role on Sept. 6. She
Following a months-long, nationwide search, Rebecca Hatfield has been chosen as the next president and CEO of nonprofit affordable housing provider Avesta Housing. Hatfield is currently senior vice president of real estate at Avesta, and her promotion to president and CEO is the latest testament to the skills and accomplishments she has exhibited since joining
STRIVE U of South Portland has been awarded the Avesta Housing Mike Yandell Award for its extraordinary work in the field of affordable housing. Avesta Housing President & CEO Dana Totman presented the award on June 22 to Pete Brown, associate director of PSL Services/STRIVE, during Avesta’s grand opening celebration of Deering Place, a 75-unit
Avesta Housing President & CEO Dana Totman has been honored by U.S. Sen. Angus King (IMaine) 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
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
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
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
With affordable housing hard to come by in Maine, it’s led some to get creative. Wednesday night, Avesta Housing cut the ribbon on new affordable apartments built in an old office building. The housing project is giving nearly 100 people an affordable place to live in the heart of downtown Portland. Click here to read
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