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Tag: Maine

People and Business: Jan. 22

The Atlantic Federal Credit Union Foundation gave a $15,000 grant to Avesta Housing to benefit the organization’s HomeOwnership Center, a program that provides resources and education to promote homeownership and financial stability. From left: Avesta Housing Corporate and Major Gifts Officer Zoe Alexis Scott, Atlantic FCU Foundation President Christopher McGorrill, Avesta Housing Homeownership and Financial

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People and Business: Jan. 15

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. From left, Avesta Housing Vice President of Property Management and Resident Services Amanda Gilliam, M&T Bank Commercial Real Estate Relationship Manager Mike Ross, Maine Regional President Phil Cohen, Charitable and Community Relations

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Housing First development approved for Portland

The Portland planning board has approved nearly 100 new apartments, including units intended to serve chronically unhoused people, in the city’s Bayside neighborhood. The project, developed by Avesta Housing and Reveler Development, will have 28 Housing First units at the site of the city’s former Oxford Street shelter. And it will offer both housing and

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M&T Bank donates $45K to Avesta Housing to help reduce homelessness

M&T Bank has donated $45,000 to Avesta Housing’s Homeless to Housing program to help formerly homeless residents maintain housing stability in their new homes. Provided by Avesta Housing in partnership with Maine Behavioral Healthcare, Homeless to Housing assists previously homeless residents as they transition to permanent housing across the Avesta property portfolio. Services include connections

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$23M earmarked for affordable housing rentals in Maine

Federal Home Loan Bank of Boston has earmarked $23.5 million for the development or preservation of 456 units of rental housing in Maine, it said this week. The funding will go toward Augusta, Bath, Biddeford, Kennebunk, Kittery, Lewiston, Portland, Scarborough and South Portland. The grants and loans will be used to help pay construction, acquisition or

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Avesta receives Bangor Savings $50k donation toward homeownership program

A new program offered by Avesta Housing’s HomeOwnership Center received a $50,000 donation from Bangor Savings Bank, designated to help people with moderate incomes purchase their first homes and achieve housing stability. Avesta’s program, A Path Forward: Homeownership for ME, aims to create a pathway to homeownership for Maine residents who have been priced out

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New Avesta program gives first-time homebuyers ‘A Path Forward’

Tackling the affordable housing shortage requires a myriad of creative solutions. Building new affordable homes is essential, but multi-family developments can take years to complete. Meanwhile, thousands of houses in Maine sit vacant due to abandonment, foreclosure, or other reasons. A new program administered by the Avesta Housing Homeownership + Financial Counseling department is an

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U.S. Sen. Angus King meets with Avesta Housing to discuss housing needs and solutions

U.S. Sen. Angus King (I-Maine) with Avesta Housing senior leadership staff at Porter Station in Portland, Maine, on Nov. 1. L-R: President & CEO Rebecca Hatfield, Resident Services Manager Nick Kjeldgaard, Sen. Angus King, Director of Real Estate Development Patrick Hess, HomeOwnership Center Director Nicole DiGeronimo, Senior Vice President of Finance & Administration Eric Boucher

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Bangor Savings Bank donates $50,000 to new Avesta Housing program for aspiring homeowners

(L-R): Bangor Savings Bank Vice President & Community Relations Manager Gavin Robinson, Avesta Housing HomeOwnership Center Senior Financial Counselor Madisen Corcoran, Avesta Housing Vice President of Advancement Sara Olson, Avesta Housing Corporate & Major Gifts Officer Zoë Alexis Scott, Bangor Savings Bank Senior Vice President & Team Lead of Southern Maine Commercial Lending Diane Donaldson,

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