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NH residents facing homelessness find new homes with Avesta

Avesta Housing Resident Service Coordinator Jen Stilwell, left, with Sheena, a new resident at River Turn in Conway, N.H.   Late last year, residents of a low-income apartment complex in east New Hampshire had to find new places to live, and quickly. The nonprofit association that ran the complex had dissolved, and the property was

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Avesta Housing names new director of development

Avesta Housing has hired John Egan to be its new director of development. In his new position, John leads Avesta’s real estate development team in developing and preserving affordable rental housing in Maine and New Hampshire. He has nearly four decades of community development experience in Maine and Alaska as a developer, lender, investor and

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‘Buy America’ rule killing Maine affordable housing, developers say

Maine’s largest affordable housing developers are at a loss. Ten projects that would add more than 400 sorely-needed units to the state’s low-income housing stock are fully permitted and ready to go. But none can break ground because of a new federal rule designed to boost American manufacturing. The Build America Buy America Act, signed by

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Building Business: Innovative condo project slated for Freeport

The Domus development team plans to break ground this spring on a mixed-income condominium complex in downtown Freeport, which is designed to be a near-copy of what the company is currently building in Westbrook. The concept behind the projects is that the design can be replicated in multiple locations, reducing project timelines and costs. The

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Avesta opens first new affordable homes in Farmington in decades

FARMINGTON, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, hosted a ribbon-cutting ceremony on Feb. 25 for Edgewater Village, a new affordable housing community for individuals who are 55 and older. Located at 126 Willow Springs Drive, Edgewater Village is the first affordable housing development in Farmington in at

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Avesta opens Edgewater Village senior housing in Farmington

FARMINGTON — A new $9.5 million housing community for residents ages 55 and older officially opened this week, addressing a growing demand for affordable living in rural Maine. Avesta Housing held a ribbon-cutting ceremony Wednesday, Feb. 25, to mark the opening of Edgewater Village at 126 Willow Springs Drive, off Routes 4/27. It’s Avesta’s first development in Farmington.

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New affordable senior housing development in Farmington

FARMINGTON, Maine — A new affordable housing development for seniors is now open in Farmington, aiming to address a growing need for accessible and affordable living options for older Mainers. Edgewater Village, led by Avesta Housing, features 25 one-bedroom apartments for residents age 55 and older. Monthly rents range from $851 to $972, with all

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