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 President & CEO attends NH housing program featuring Sen. Shaheen
On Jan. 23, Avesta Housing President & CEO Jennifer Hawkins attended The New England Council’s “Capitol Hill Report” program in Manchester, New Hampshire, featuring U.S. Sen. Jeanne Shaheen (D-NH), where she urged the senator to
Freeport approves second housing project for downtown
Two recently approved housing projects expected to break ground this spring will add 96 apartments and condominiums in Freeport’s downtown district. Depot Terraces is the latest development to get the green light from the Freeport
Avesta supports extension of Maine affordable housing income tax credit
On Jan. 21, Avesta Housing Senior Development Officer Nate Howes presented testimony in Augusta in support of a bill before the Legislature that would make the affordable housing income tax credit permanent. Created in 2019