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Avesta partner provides groceries to food-insecure residents

Inflation hits lower-income populations the hardest. When the price of groceries increases dramatically, people who are already struggling to buy basic necessities are in danger of going hungry. Avesta Housing has formed partnerships with numerous food banks to help ensure that residents who are food insecure receive the help they need. One of the oldest

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New Avesta Housing CEO to join Camden National board

Rebecca Hatfield, Avesta Housing’s new president and CEO, will join the board of directors at Camden National Corp. (Nasdaq: CAC), parent company of Camden National Bank, at the end of this year. Effective Dec. 31, Hatfield will join the Camden National Corp. board, becoming the eleventh corporate-level board member and fifth woman, the company said

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Two Maine nonprofits tackle affordable housing in NH

Two Portland-based nonprofits this week announced plans to address affordable housing challenges in neighboring New Hampshire. Evernorth, a nonprofit with dual headquarters in Portland and Burlington, Vt., said it will oversee a workforce housing loan fund for the Upper Connecticut River Valley, which includes parts of New Hampshire and Vermont. Bar Harbor Bank & Trust

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River Turn Woods celebrated with groundbreaking

CONWAY, NH — Avesta Housing celebrated its first affordable housing development in Mount Washington Valley on Sept. 23 with a groundbreaking ceremony featuring development, legislative, and financial partners. When completed, River Turn Woods will provide 156 new homes to the Conway area. The first phase, consisting of 40 new homes, is expected to be completed

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Deering Place mural pays homage to residents and community

One of the unique aspects of Deering Place, Avesta Housing’s new affordable housing development in downtown Portland, is the use of art to decorate interior and exterior space. Several local artists provided work to bring Deering closer to the pulse of the community and make it a warm, welcoming home to residents. Among the more

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Construction begins on River Turn Woods in New Hampshire

Our development team has closed on the land acquisition and construction financing for the first phase of River Turn Woods in Conway, N.H., and construction is underway. A groundbreaking ceremony is tentatively scheduled for September. When completed, River Turn Woods will provide 40 new homes (30 affordable and 10 market rate) to the Conway community.

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6 Mainebiz Women to Watch alumni tell us what’s next

As Mainebiz inaugurates another group of inspiring Women to Watch in 2022, we checked in with some of last year’s honorees about the biggest changes at their organizations in the past year and their goals for this year. Diversity, equity and inclusion is a common theme. Click here to read the full article

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Hundreds apply for new, affordable apartments in Lewiston

New, affordable apartments are now open in Lewiston, offering dozens of units for individuals and families in the area. More than 1,780 people asked about the 35 units at Gauvreau Place. The developers hope the project has made an impact on Maine’s housing crisis. Click here to read the full article

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