News
Why Avesta is buying and remodeling vacant fixer-uppers, then selling them at below-market rates
The nonprofit developer Avesta Housing is purchasing vacant homes in disrepair, renovating them and then selling them at below-market rates as part of a new pilot initiative. More than 80 people have applied so far
‘Urgency and hope’: Avesta unveils new housing in Gray for median earners
Portland-based nonprofit Avesta Housing cut the ribbon this week on the first two homes for sale through a new program designed to help median-income wage earners achieve homeownership. Located at 6A and 6B Collyer Brook
Avesta celebrates listing of first ‘Path Forward’ homes with ribbon cutting
PHOTO: Avesta Housing staff and guests cut the ribbon on July 15 to 6A & 6B Collyer Brook Road in Gray, Maine, the first two properties for sale under Avesta’s new “A Path Forward” program
A surge of developments seek to meet increasing demand for over-55 housing
People are living longer and while there are many benefits to longevity, the collision of multiple aging generations is taking a toll on an already burdened housing system. Housing crises are happening throughout the nation,
Applications open for affordable housing units in Gray, Maine
The renovated homes are located on Collyer Brook Road and are going for roughly $218,000 each. Click here to watch the news report
Lewiston’s housing boom getting statewide attention
LEWISTON — It’s a hard sight to miss in the city these days: property lots on the cusp of a new beginning. At sites like the former Martel School, the former Sun Journal building on
New housing report paints dour picture for Portland’s poorest renters
More than half of Portland tenants are struggling to afford rent. According to a new report from Harvard University’s Joint Center for Housing Studies, almost 52% of renters in the Portland-South Portland area are “cost-burdened,” meaning they
Developer Eyes Housing for ‘Missing Middle’ in Rockland
An organization whose mission is to develop and sell “high-quality, energy-efficient homes tailored for middle-income earners” has set its eyes on the city because of the pro-housing sentiment of the community. Jack Soley was among
New housing projects in Lewiston-Auburn help support rising demand
LEWISTON, Maine — Like many communities in Maine, Lewiston-Auburn has a significant housing need. A building boom is currently underway to meet this rising demand. Multiple housing projects are under construction, with others in the
