Oscar & Ruth moved into their Avesta home in South Portland five years ago with their young daughter. Since then, they have flourished – Oscar, who has a bachelor’s degree in industrial engineering, works full-time as a machine operator, and they have welcomed two sons to their family. Both Oscar & Ruth have obtained U.S.
Some of the hundreds of rural Mainers who bought their homes through a government loan program soon could be hit by what state housing advocates have called a “tsunami” of foreclosures, the origins of which remain unclear. For decades, the U.S. Department of Agriculture’s Rural Development office has offered low-income, first-time homebuyers all over the country
The students in Nicole DiGeronimo’s first-time homebuyer classes are increasingly older with a little more money saved up. They still can’t buy a home in Maine. “These are people that probably never anticipated it would be so difficult to purchase a home,” DiGeronimo, who directs Avesta Housing’s homeownership center, said. These homebuying hopefuls, often aged
When Russell’s seasonable job ended six years ago, he was unable to afford the rent on his apartment and began living in his truck. Then a deer jumped through one of the truck’s windows and totaled it — in the middle of winter. “I had no job, no truck, and no place to live,” says
In 2024, Avesta Housing provided 3,072 affordable homes to more than 4,600 people in Maine and New Hampshire. But these numbers only tell part of the story. You can learn more about how we are investing in the people in our communities by reading our 2024 Community Impact Report, which includes real estate development news,
When Arlene needed an affordable place to live, she knew exactly where she wanted to go – Meadowview, an Avesta Housing community for older adults in Gray, Maine. It was, after all, where her mother lived as one of Avesta’s first residents in the 1970s. “Mama loved it here, and I love it here,” said
Avesta Housing recently gained approval from the Kennebunk Planning Board to build affordable senior housing on Alewive Park Road in West Kennebunk. The project, approved last month, will include the construction of two new buildings, Each building will include 36 units, for a total of 72 units. The units will be designated affordable housing for those age
Middle-income housing is the focus of Domus, a development company launched by Portland developer Jack Soley in partnership with nonprofit affordable housing provider Avesta Housing and Tim Hebert, CEO of Hebert Construction in Lewiston. Construction is strong for affordable and market-rate housing, driven by government subsidies on the one hand and strong rates of return
M&T Bank and the Atlantic Federal Credit Union Foundation each provided grants to Avesta Housing, a Portland-based nonprofit affordable housing provider. M&T Bank donated $45,000 to Avesta Housing’s Homeless to Housing program to help formerly homeless residents maintain housing stability in their new homes. The Atlantic Federal Credit Union Foundation awarded Avesta a $15,000 grant
KENNEBUNK, Maine — Avesta Housing is a step closer to building a new complex of 72 affordable apartments for senior citizens on Alewive Road. Rod Harmon, the communications manager for the Portland-based organization, said the project recently gained approval from the town’s Planning Board. The next step, he said, is to secure permits from the state’s Department of Environmental Protection and
Avesta Housing improves lives and strengthens communities by promoting and providing quality affordable homes for people in need.
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