PORTLAND, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has presented its Mission Champion Award to the Southern Maine Agency on Aging (SMAA) for its longtime commitment to provide support and services to older adults living in affordable homes in Maine. Avesta’s Mission Champion Award is presented annually to
Children in Avesta homes are learning math skills and boosting their chances of academic success thanks to a new partnership between Avesta Housing and a Maine nonprofit. Presented by the Early Math and Language Initiative (EMLI), the Family Math program teaches pre-K children in under-resourced communities through a combination of storytelling, group activities, and one-on-one
PORTLAND, Maine — In a significant move to address Portland’s affordable housing crisis, WNC & Associates, Avesta Housing, and Reveler Development have officially broken ground on 89 Elm Apartments, a new 201-unit affordable housing community in downtown Portland. The $87.8 million development aims to provide critical relief in one of Maine’s most competitive rental markets. Located at 89 Elm
WNC & Associates is teaming up with Avesta Housing and Reveler Development to develop 89 Elm Apartments, an $87.8 million, 201-unit affordable housing community located in downtown Portland, Maine. The property is expected to finish construction in in 2027. It is the fourth community for WNC in Portland. Last month, the company and the Portland
Avesta Housing and Reveler Development have broken ground on a 201-unit affordable housing complex on the corner of Elm and Oxford Streets in Portland. Units in the complex will be made available to people earning no more than 60% of the area median income — which is $90,860, meaning the apartments will be open to
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry; Avesta Housing, a regional nonprofit developer of affordable homes; and Reveler Development, the master developer on the project which specializes in constructing and redeveloping multi-family and mixed-use properties in the Maine area; have announced the start
When a community garden was proposed for Jordan Bay Place, an Avesta Housing affordable housing community for older adults in Raymond, Maine, Benny Beard was one of the first people to sign up. He organized volunteers, planned what should be planted and where, gathered soil and seaweed for fertilizer, and lovingly nurtured everything from corn
Last week, both sides of a newly renovated duplex in Gray hit the market for just $218,000 each. By Friday, over 100 people had started the application process. The duplex, located at 6A and 6B Collyer Brook Road, is the inaugural project for “A Path Forward — Homeownership for ME,” an Avesta Housing program designed
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has listed the first homes for sale under its A Path Forward—Homeownership for ME program. The move introduces a new line of business for the organization, which has primarily focused on developing affordable rental housing. Under the new program, the nonprofit is acquiring
The nonprofit developer Avesta Housing is purchasing vacant homes in disrepair, renovating them and then selling them at below-market rates as part of a new pilot initiative. More than 80 people have applied so far to purchase one of the first two completed homes; Avesta celebrated the completion of the two homes at a ribbon-cutting
