Avesta Housing’s $2 million three-year campaign to build affordable housing for seniors in areas where there’s a critical need got a boost to begin its final year. The Mascoma Bank Foundation, based in Lebanon, N.H., awarded a $15,000 grant to the Portland-based nonprofit’s Silver Hearth Fund, which Avesta launched in 2019. The grant is the

HPN Member Avesta Housing thanks Wells Fargo As people face important financial decisions — buying a home, finding an affordable rental unit, or how to manage through a time of crisis — housing counselors offer information and guidance to help people make the best decisions for themselves and their families.  And as we continue to

Avesta Housing President & CEO Dana Totman presents Avesta’s Mike Yandell Award for extraordinary work in the field of affordable housing to Clark Insurance Chief Operating Officer Jeff Lind. The award was presented virtually due to COVID-19, but presented here through Photoshop technology! Portland, ME — Avesta Housing has awarded its annual company award, the

The Federal Home Loan Bank of Boston has awarded more than $12.3 million in grants, loans, and interest-rate subsidies to support four affordable housing initiatives in New Hampshire. The projects, funded in part through FHLBank Boston’s Affordable Housing Program, will create or preserve 128 rental and homeownership units for individuals and families earning up to

LEWISTON — The City Council is poised to confirm a partnership this week with the Lewiston Housing Authority and Community Concepts ahead of a deadline to apply for a large federal redevelopment grant focused on the Tree Streets neighborhood. The effort, known as the Choice Neighborhoods “transformation plan,” looks to secure millions in funding from

The Portland City Council on Monday is expected to choose a developer to build 90 units or more of mostly affordable housing in the Libbytown neighborhood. Each proposal contains a diverse range of housing, from traditional apartments and condos, to a cooperative model and single-family homes with accessory dwelling units. Councilors held a workshop on

 Maine-based nonprofit developer Avesta Housing has been building affordable multi-family homes for almost 50 years. With 100 properties, 2,700 apartments and two assisted-living facilities under their belt, more than 3,000 households remain on their waiting list for affordable housing. In partnership with architect CWS Architects and general contractor Zachau Construction, Avesta is nearing completion on it’s latest project: Wessex

2021 Goals Avesta Housing believes that everyone deserves a place to call home. Our goals for the next year include: Goal 1: Provide infrastructure and services that allow seniors to age in place gracefully. Goal 2: Increase and improve affordable housing options for low-income residents, including families, seniors, and formerly homeless individuals. Goal 3: Create financial stability for homeowners

It took a while for Avesta Housing Development Corp. to find the right property to establish a centralized maintenance facility. But a 12,000-square-foot industrial building at 2257 West Broadway in South Portland is expected to fill the bill, once some renovations are completed. Avesta Housing, a nonprofit provider of affordable housing in southern Maine and

Home has been lonely during the pandemic for 73-year-old Portland resident Mary Gagnon, but a bit less so thanks to regular check-ins with a virtual medical care team through a touch-screen tablet and phone calls. “It’s easy to use, and the fact that you’re being observed without any intrusion I think is great,” she says