CONWAY — When it comes to the valley’s lack of affordable workforce and senior housing, it looks like help is on the way.

Avesta Housing, a non-profit with 45-plus years of experience in southern Maine and New Hampshire, made a dramatic announcement on Nov. 21 at the Mt. Washington Valley Economic Council’s annual meeting at the Red Jacket Mountain View Resort in North Conway.

Dana Totman, president/CEO of Avesta, and Jac Cuddy, executive director of the economic council, told the gathering of local business leaders that the Portland, Maine-based housing agency has signed a purchase-and-sales agreement with the council to buy 61 acres just east of the Granite State College/Tech Village campus in Conway.