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
The Dr. Milton Wedgewood House, a circa 1873 building and namesake of the new Choice Neighborhood affordable housing development in Lewiston, received an Excellence in Historic Preservation Award from the Lewiston Historic Preservation Review Board on Aug. 7. The development, a partnership between Avesta Housing and Lewiston Housing, is part of the Lewiston Choice Neighborhood
When a community garden was proposed for Jordan Bay Place, an Avesta Housing affordable housing community for older adults in Raymond, Maine, Benny Beard was one of the first people to sign up. He organized volunteers, planned what should be planted and where, gathered soil and seaweed for fertilizer, and lovingly nurtured everything from corn
Last week, both sides of a newly renovated duplex in Gray hit the market for just $218,000 each. By Friday, over 100 people had started the application process. The duplex, located at 6A and 6B Collyer Brook Road, is the inaugural project for “A Path Forward — Homeownership for ME,” an Avesta Housing program designed
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has listed the first homes for sale under its A Path Forward—Homeownership for ME program. The move introduces a new line of business for the organization, which has primarily focused on developing affordable rental housing. Under the new program, the nonprofit is acquiring
