News

Maine nonprofit will renovate fixer-uppers, sell them as affordable housing

The three-bedroom, one-bath condominium on Collyer Brook Road in Gray is a bit of a fixer-upper.

The driveway is crumbling, with large chunks of pavement missing entirely. The front steps are rotted, the privacy fence in the backyard is toppled and until a few weeks ago, there was mold and water damage in the basement.

But with a little elbow grease – and about $80,000 in renovations – Nicole DiGeronimo, director of the Home Ownership Center at Avesta Housing, believes the small home has potential.

The second half of a duplex, 6B Collyer Brook Road is the inaugural project for “A Path Forward – Homeownership for ME,” a new Avesta program designed to help moderate-income first-time home buyers break into a housing market that seems determined to push them out.

Avesta will purchase homes in need of a little TLC, renovate them and then sell them to qualified applicants for an affordable price.

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