Impact & Vision
At Avesta Housing, we envision a future in which our communities thrive because everyone has a place to call home. Guided by that vision, our work has a positive impact on the individuals, families, and communities where Avesta builds and maintains safe, quality, affordable homes.
Read our 2024 Community Impact Report
Organization

Established in
1972
in Assets
Budget
Affordable Housing Portfolio

40
Cities And Towns
Served
Properties
(Apartment Units)
Resident Profile
In Maine and new hampshire

Income

Resident Profile: Russell
When Russell’s seasonable job ended, 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,” said the retired heavy equipment operator and native Mainer.
Russell lived in a homeless shelter for a while and eventually found a home with Avesta Housing in South Portland. Now he gives back by volunteering and collecting returnables, the proceeds from which he donates to St. Jude’s Children’s Research Hospital.
“Since I’ve been with Avesta Housing, my life has turned around completely,” he said. “They don’t just give you a home – they give you hope.”
Affordable Homes in Development

We are deeply appreciative of philanthropic support from our business partners as they join us in building affordable homes and providing support services for people in Maine and New Hampshire:
Atlantic Federal Credit Union, Bank of America Charitable Foundation, Camden National Bank Foundation, Hebert Construction, JP Morgan Chase, Kennebunk Savings Bank, Keybank Foundation, Lighthouse Credit Union Foundation, M&T Charitable Foundation, NBT Bank, Newfab Inc., TD Charitable Foundation, United Way of Southern Maine
The Latest in Avesta News

Resident profile: Oscar & Ruth
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

Maine housing advocates warn of coming ‘tsunami’ of USDA foreclosures on rural homes
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

New Avesta programs provide homeownership opportunities for middle-income wage earners
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