Impact & Vision
Providing safe, quality affordable homes requires much more than putting up buildings. It necessitates a concerted effort among nonprofit partners, funders, and policymakers working together toward a common goal. Avesta Housing addresses the causes of affordable housing as well as the need. Click here to read our 2022 Community Impact Report.
Organization
Established in
1972
in Assets
Budget
Affordable Housing Portfolio
41
Cities And Towns
Served
Properties
(Apartment Units)
Resident Profile
Income
Resident Profile: Ben & Lilian
Ben and Lilian and their four children have lived at Brick Hill Townhouses in South Portland since 2010. Ben is a home care worker with Maine Behavioral Health and Lilian is a special projects coordinator for The Opportunity Alliance WIC program.
Both parents appreciate how ideal the Brick Hill community is for families with children. “I like how the area is situated,” says Lilian. “There are no busy streets; it’s really quiet. For all our children, this is their home. This is their neighborhood.”
Affordable Homes in Development
From the purchase of land to resident occupancy, each property Avesta Housing builds is the result of a years-long process. As of December 31, 2023, our robust pipeline included over 800 homes across 19 properties and more than $300 million in development costs. This pipeline is the result of a concerted effort, through strategic investments and partnerships, to accelerate development in response to the housing crisis.
From the purchase of land to resident occupancy, each property Avesta Housing builds is the result of a years-long process. As of December 31, 2023, our robust pipeline included over 800 homes across 19 properties and more than $300 million in development costs. This pipeline is the result of a concerted effort, through strategic investments and partnerships, to accelerate development in response to the housing crisis.
The Latest in Avesta News
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
