News

New laws address affordable housing shortage in Maine & New Hampshire
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

Avesta Housing and Reveler Development Team on Maine Project
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

New partnership provides math education to pre-K children living in Avesta homes
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

Construction Begins on $87.8 Million Affordable Housing Community in Portland, Maine
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

WNC JV Starts Construction on $88M Maine Housing Development
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

Project underway will add 200 apartments in Portland’s West Bayside neighborhood
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

WNC & Associates, Avesta Housing, and Reveler Development Announce New 201-Unit Affordable Housing Community in Portland, Maine
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

Avesta Housing named Best Property Management Co. for 3rd straight year
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

Avesta Housing designated Best Place to Work in Maine for 2nd year in a row
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