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
New affordable housing for older adults arrives in Farmington
Older adults have started moving into a new 25-unit affordable apartment building in Farmington created by a Portland-based nonprofit. Avesta Housing recently completed Edgewater Village, a 19,744-square-foot affordable apartment building for people 55 and older,
Avesta Housing awarded preservation award for historic Maine home
BRUNSWICK, ME — On March 18, Maine Preservation will hold a ceremony for its annual Honor Awards at Stevens Square Community Center (2023 Honoree) in Portland. Since 1998, the organization has celebrated excellence in historic
Avesta to cut ribbon on $9.5M senior housing project in Farmington
Avesta Housing’s first development in the Franklin County town of Farmington is due to open next week, with a ribbon-cutting scheduled for 1 p.m. on Feb. 25. Edgewater Village, at 126 Willow Springs Drive, was