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
Allied Cook Construction is renovating Avesta housing complex in Sanford
Avesta Housing is refurbishing a 40-unit affordable apartment complex in Sanford known as Patriot Place. The $9.6 million renovation is being managed by Scarborough-based Allied Cook Construction. Located at 24 Patriots Lane, the 40-year-old development has
Is a Portland rule requiring affordable units slowing down real housing growth?
Six years ago, Portland adopted strict development regulations in an effort to boost affordable housing production in a city grappling with high rents and low inventory. A new report suggests the policy may have done the opposite,
How a landmark 2022 law set the stage for increased interest in ADUs in Maine
Jamie Berry-Brennan was skeptical when his wife suggested they build an accessory dwelling unit for his parents on their Peaks Island property. But he also knew he wanted them closer. His three young kids were