The housing shortage is not going away anytime soon. According to the latest estimates, Maine needs to build 84,000 new homes and New Hampshire needs to build 60,000 new homes by 2030. That’s only five years from now, and on the surface, the task seems insurmountable. However, there is new reason to hope. Both states
Construction has started on a 201-unit affordable housing development in downtown Portland, Maine. Located within walking distance of restaurants, grocery stores, health services, and public transit, 89 Elm Apartments will be home to households earning up to 60% of the area median income. Avesta Housing, a regional nonprofit developer, and Reveler Development, the master developer
Children in Avesta homes are learning math skills and boosting their chances of academic success thanks to a new partnership between Avesta Housing and a Maine nonprofit. Presented by the Early Math and Language Initiative (EMLI), the Family Math program teaches pre-K children in under-resourced communities through a combination of storytelling, group activities, and one-on-one
PORTLAND, Maine — In a significant move to address Portland’s affordable housing crisis, WNC & Associates, Avesta Housing, and Reveler Development have officially broken ground on 89 Elm Apartments, a new 201-unit affordable housing community in downtown Portland. The $87.8 million development aims to provide critical relief in one of Maine’s most competitive rental markets. Located at 89 Elm
WNC & Associates is teaming up with Avesta Housing and Reveler Development to develop 89 Elm Apartments, an $87.8 million, 201-unit affordable housing community located in downtown Portland, Maine. The property is expected to finish construction in in 2027. It is the fourth community for WNC in Portland. Last month, the company and the Portland
Avesta Housing and Reveler Development have broken ground on a 201-unit affordable housing complex on the corner of Elm and Oxford Streets in Portland. Units in the complex will be made available to people earning no more than 60% of the area median income — which is $90,860, meaning the apartments will be open to
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry; Avesta Housing, a regional nonprofit developer of affordable homes; and Reveler Development, the master developer on the project which specializes in constructing and redeveloping multi-family and mixed-use properties in the Maine area; have announced the start
Avesta Housing has been named Best Property Management Company in Portland, Maine, for the third straight year! Given as part of the Best of Portland, Maine, awards, the Best Property Management Company honor is based entirely on votes from the public. This demonstrates the trust and satisfaction of our residents and the surrounding communities, and further
We are delighted to share that Avesta Housing has once again been recognized for our dedication to both our employees and the communities we serve. Earlier this month, we proudly received the Best Places to Work in Maine award for the second consecutive year! The Best Places to Work designation is a direct reflection of our positive workplace
Jennifer Hawkins recently stepped into her role as Avesta Housing’s new President & CEO. As she gets to know the organization and the region, we took a moment to ask her a few questions about her early impressions, what fuels her commitment to this work, and why she chose to make Avesta her next professional
