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
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
LEWISTON — The City Council unanimously approved the first reading of a contract zone Tuesday for a 74-unit downtown housing development, the first under the ambitious Choice Neighborhoods redevelopment plan. If the second reading is approved June 7, developers will move ahead with final design work, and seek a site plan review from the Planning
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
In more than two decades at the helm of Avesta Housing, Dana Totman has turned the Portland-based nonprofit into the region’s largest provider of affordable housing. It’s not quite an exit interview, but Mainebiz got his thoughts in advance of his retirement n September. Click here to read the full article
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
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
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
SOUTH PORTLAND, Maine Avesta Housing, northern New England’s largest affordable housing nonprofit, recorded a sizeable increase in applications in 2021. The vast majority of applicants were unable to find a home. The organization released its 2021 data at the end of March. A total of 6,231 people applied for housing assistance through Avesta, a
PORTLAND, Maine — The need for affordable housing in Maine and New Hampshire reached critical levels in 2021, according to a new report from Avesta Housing. The nonprofit says the number of applications for affordable housing rose by 32% from 2020 to 2021 and the group was only able to house 7.8% of all applicants.
