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 of the marketplace, according to a news release.
Through the program, Avesta will acquire, restore and sell single-family homes at affordable prices. Households qualify through an equitable application process that provides technical support to homebuyers throughout the process.
