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
Domus development group breaks ground on its first condo project for mid-income, first-time buyers
With a focus on building homes that allow the middle-income, first-time buyer to get a leg up in Maine’s very challenging housing market, a trio of developers are launching a series of projects to be
Avesta Housing announces key promotions in leadership
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has announced the following promotions to its leadership team: Eric Boucher, Executive Vice President and Chief Finance & Operations Officer: Boucher will oversee
‘Teacher, carpenter, nurse’ housing: Workforce condo project breaks ground in Westbrook
A 45-unit condominium complex targeting middle-income, first-time homebuyers broke ground this week in Westbrook — adding to a growing neighborhood of new housing projects off Seavey Street. The project, dubbed Clover Terraces, is slated for