SEARCH RESULTS

Tag: Housing Needs

Avesta and Boys & Girls Clubs partner for Portland’s youth

Artists’ renderings of the campus expansion at Boys & Girls Clubs of Southern Maine (left) and Avesta Housing’s new affordable housing development at 15-19 Cedar St., Portland Earlier this year, Boys & Girls Clubs of Southern Maine announced that it was donating land on Cedar Street in Portland to us as part of our strategic

Read More »

Evernorth fund will help finance three housing developments in Maine

Three housing developments in Maine were among 10 approved for financing through an $81.75 million investor fund pulled together by Evernorth, a nonprofit financing syndicate that provides affordable housing and community investments in Maine, New Hampshire and Vermont. Evernorth, based in Portland and Burlington, Vt., recently closed Housing New England Fund VII, with 19 investors committing

Read More »

Building Business: Hebert Construction restores Lewiston landmark for affordable housing

Hebert Construction’s renovation of Lewiston’s 19th century Dr. Milton Wedgewood House was “a labor of love,” according to COO Simon Hebert. The year-long restoration was handled by Hebert, Avesta Housing and Lewiston Housing Authority as the centerpiece of an 82-unit, nine-building affordable housing complex, covering an entire block in downtown Lewiston. The project is being recognized by Maine Preservation

Read More »

Maine’s construction industry keeping an eye on surging fuel costs

As the conflict in the Middle East enters its second month, rising gasoline and diesel prices are widely expected to add to construction costs in Maine and nationwide. While some construction companies are already feeling the pinch of higher fuel costs, others are weighing their next moves. At Avesta Housing, a Portland-based nonprofit developer of

Read More »

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

Read More »

Maine Preservation awards shine light on reimagined historic sites

Conversions of historic homes in Bethel and Lewiston into residential developments, along with the preservation of a century-old former lifesaving station in Kittery, were recognized by Maine Preservation. The Yarmouth-based nonprofit recognized nine rehabilitation projects — and one preservation advocate — at an awards ceremony in Portland. The event was held at Good Theater at

Read More »

King, Maine nonprofits balk at proposed changes to USDA home-loan program

U.S. Sens. Angus King, I-Maine, and John Curtis, R-Utah, are urging the Trump administration to alter recent changes to financing policies that make it more difficult for rural Americans to obtain housing loans. In a letter to U.S. Department of Agriculture secretary Brooke Rollins, the senators asked that updates limiting additional access to the Rural

Read More »

Avesta appoints new members to Board of Directors

Avesta Housing is proud to announce the appointment of four new members to its Board of Directors. “These four new directors bring a broad range of experience and perspectives that will strengthen our board and help guide Avesta’s work in the years ahead,” said Board Chair Dr. Renee Fay-LeBlanc. “We’re thrilled to welcome them and

Read More »