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Mission Possible: Avesta Housing 2024 Community Impact Report

In 2024, Avesta Housing provided 3,072 affordable homes to more than 4,600 people in Maine and New Hampshire. But these numbers only tell part of the story.  You can learn more about how we are investing in the people in our communities by reading our 2024 Community Impact Report, which includes real estate development news,

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Avesta partners with Wayside to provide meals to residents

Avesta Housing’s success in helping our residents achieve and maintain housing stability relies heavily on forging strong partnerships. One of our partners, Wayside, has been an invaluable resource for years. Every Monday from noon to 1 p.m., Wayside staff and volunteers provide community meals accompanied by live music at 409 Cumberland, an Avesta affordable housing

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Avesta Housing names new board officers

L-R: Dr. Renée Fay-LeBlanc, Peter Pitegoff, Douglas Stockbridge, Jim Hanley Avesta Housing, the largest nonprofit affordable housing developer in Northern New England, has appointed new officers to its Board of Directors: Dr. Renée Fay-LeBlanc, Chair – Dr. Fay-LeBlanc is an internal medicine physician and serves as chief medical officer at Greater Portland Health. Born and

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Maine Calling: Housing for Older Mainers

For older people in Maine, the challenges of finding or keeping a home that’s affordable are multiplied. Some need to downsize or find an age-friendly living situation, but can’t afford to—especially on a fixed income. For others, the costs of long-term care leave them with insufficient funds for housing. And the available housing stock in

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New affordable housing project is planned for Kennebunk

The town of Kennebunk will be adding more affordable housing with the recent planning board approval of a 72-unit income-restricted apartment complex, to be built on a 12-acre parcel in West Kennebunk. Avesta Housing plans two 36-unit buildings at 7 Alewive Park Road. Kennebunk Savings Bank donated the site, along with $550,000, to the project. The land is

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Senior housing project OK’d by Kennebunk Planning Board

Avesta Housing recently gained approval from the Kennebunk Planning Board to build affordable senior housing on Alewive Park Road in West Kennebunk. The project, approved last month, will include the construction of two new buildings, Each building will include 36 units, for a total of 72 units. The units will be designated affordable housing for those age

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Developers get creative to build more affordable and ‘missing middle’ housing

Middle-income housing is the focus of Domus, a development company launched by Portland developer Jack Soley in partnership with nonprofit affordable housing provider Avesta Housing and Tim Hebert, CEO of Hebert Construction in Lewiston. Construction is strong for affordable and market-rate housing, driven by government subsidies on the one hand and strong rates of return

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