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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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New program helps Maine homeowners prevent foreclosure

On May 5, Maine lawmakers announced the $50 million Maine HomeOwner Assistance Fund to help homeowners in the state who have been affected by the COVID-19 pandemic. The Avesta HomeOwnership Center (HOC) is helping to facilitate the program. The Maine HomeOwner Assistance Fund is a free federal relief program for homeowners in Maine who have

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Application period open for 2022 scholarships

  Applications are being accepted for the annual Avesta Housing scholarship. The educational scholarship is open to Avesta Housing residents who are enrolling in a secondary education program — such as college, graduate school, trade school, or certificate programs — in the next 12 months. The deadline for applications is May 9. Winners will be

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120 apartments planned for Seavey Street in Westbrook

WESTBROOK, Maine — The Westbrook City Council will hold a public hearing Monday on a tax deal for 60 proposed affordable apartments for seniors in Cumberland Mills. Nonprofit affordable housing developer Avesta plans to build its apartments on Seavey Street, alongside 60 market-rate apartments proposed by New Ventures, a private development firm. READ MORE

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Avesta raises $2.4 million for Silver Hearth Fund to aid seniors

Avesta Housing is proud to announce that it has exceeded its $2 million goal for its first-ever fundraising campaign, the Silver Hearth Fund. This money will help improve the lives of older residents who lack the resources necessary for a stable household consisting of safe, quality housing and adequate necessities such as food, health care

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