At Avesta Housing, we know firsthand the struggles older adults face when seeking adequate housing. We provide safe, affordable homes to 4,000 each year, nearly half of whom are older adults. Yet, the number of older adults seeking a safe, affordable home from us each year far exceeds our capacity to help. The number of applicants on wait lists for affordable senior properties is staggering, especially relative to the very few vacancies that become available annually. Once these individuals have obtained a home, they often eventually require additional support services in order to age in place safely and with dignity.
Securing an affordable home is critical to the health and well-being of older adults, which is why Avesta Housing and its partners have embarked on a fundraising campaign called The Silver Hearth Fund. The Silver Hearth Fund will provide vital support to assist the most vulnerable among Maine’s older population.
In order to have the largest impact, the goal is to raise $2,000,000 over three years for the following priorities:
Develop new homes by leveraging federal and state grant programs, tax credit initiatives, and bond opportunities to expand the housing units available to seniors.
Provide essential support services and programs that will assist older adults in living safe, healthy, and meaningful lives.
Rehabilitate and modernize older Avesta properties so they may provide optimal safety and comfort for residents while operating more efficiently and effectively.
Gifts of all sizes are welcome and appreciated. Checks can be made to Avesta Housing and mailed to:
Avesta Housing Advancement Office 307 Cumberland Avenue Portland, ME 04101
If you would like to make a stock gift or if you want to know more about Avesta Housing’s fundraising initiatives, please contact Michael Rayder, associate director of development, at 207-245-3348 or MRayder@AvestaHousing.org.
Avesta Housing is a 501(C)3 nonprofit organization. Federal EIN: 01-0315296.
Thank you to our generous donors:
Gorham Savings Bank Bangor Savings Bank Norway Savings Bank KeyBank Clark Insurance Wright-Ryan Construction Tom and Rhonda Gioia Bank of America Zachau Construction Jim Otis Anonymous (4)
Avesta Housing improves lives and strengthens communities by promoting and providing quality affordable homes for people in need.