News

Avesta Housing receives $25,000 gift from Mascoma Bank Foundation to assist new homeowners

Avesta Housing Corporate and Major Gifts Officer Zoë Alexis Scott; Avesta Housing HomeOwnership Center Director Nicole DiGeronimo; Avesta Housing President & CEO Rebecca Hatfield; Mascoma Bank Senior Vice President, Managing Director of Community Development Ryan Bishop; and Mascoma Bank Senior Vice President, Maine Market Manager Andrew Cook

Avesta Housing has received a $25,000 gift from the Mascoma Bank Foundation for a new program administered by the Avesta HomeOwnership Center that helps moderate-income households achieve homeownership and housing stability.

“A Path Forward – Homeownership for ME” creates a pathway to homeownership for Maine residents who would otherwise be priced out of the marketplace. Through this program, Avesta acquires, restores, and sells homes at below-market prices to qualifying households through an equitable application process that saves on real estate commissions and provides support to homebuyers throughout the process.

Click here to read the press release