Nick Mascetta and his partner started looking to buy a house soon after they moved back to Maine. This spring, nearly two years later, they were still looking. The options were grim: Gamble on a run-down fixer-upper they might be able to afford. Or overpay. “We’ve made two offers on places, both over asking. We
The City Council voted to authorize the release of a request for proposals to four finalists selected by the city as potential partners to redevelop the former Sherburne School property into below-market-rate housing. The council voted unanimously to allow City Manager Karen Conard to draft and release the RFP, which will seek two redevelopment proposals from each finalist,
Avesta Housing President and CEO Rebecca Hatfield has been appointed to a three-year term on the New England Community Development Advisory Council of the Federal Reserve Bank of Boston. She was promoted to president and CEO in 2022. Prior to working for Avesta, Hatfield worked for Citigroup in various roles within the commercial and corporate banks.
Avesta Housing President & CEO Rebecca Hatfield has been appointed to a three-year term on the New England Community Development Advisory Council (CDAC) of the Federal Reserve Bank of Boston. Part of the Federal Reserve, the central bank of the United States, the Boston Fed promotes sound growth and financial stability in New England and
Avesta Housing has named the recipients of its 2024 educational scholarships. The $1,000 scholarships are awarded annually to Avesta Housing residents who are enrolling in a post-secondary education program — such as college, graduate school, trade school or certificate program — in the next 12 months. This year’s recipients are: Gertrude Armelle Akimfura, Westbrook: Gertrude
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, presented its Mission Champion Award to Kennebunk Savings for its work to provide safe, quality, affordable homes for older adults in Kennebunk. The award is presented annually to an individual or organization who has made significant contributions to the promotion and provision of
CONWAY — On Wednesday, U.S. Sen. Jeanne Shaheen (D-NH) toured the affordable housing development at Avesta’s River Turn Apartments in Conway Village to discuss progress delivering affordable housing to Mount Washington Valley. Avesta’s apartments are built beyond the 2021 building energy codes, lowering residents’ utility bills. Avesta broke ground on the firstbuilding in 2022, which
U.S. Senator Jeanne Shaheen (D-NH) toured the affordable housing development at Avesta’s River Turn Apartments complex to discuss their progress delivering affordable housing to Mount Washington Valley. Avesta’s apartments are built beyond the 2021 building energy codes, lowering residents’ utility bills while maintaining a safe temperature in their home. Avesta broke ground on the first
A local developer planning to create specialized housing for chronically homeless people in the city’s Bayside neighborhood is collaborating with another developer who would build affordable and market-rate apartments as part of the same project, for a total of 123 units. The proposed project, a collaboration between Avesta Housing and Reveler Development, would total three
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, held a grand opening for Village Commons, which includes 31 affordable homes in Scarborough for adults 55-years-old or older. The housing complex is part of Firehouse Village, a 2.6-acre development on the site of the town’s former public safety campus in the Oak Hill
