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Housing funds plentiful in Portland, but future funding is in question

PORTLAND — Available city funding for affordable housing is approaching an all-time high.But the good fortune may be fleeting as city officials look for ways to consistently capitalize the Housing Trust Fund at a time when an important component — fees paid by housing developers — are slowing. “We leveraged 200 units with $1.2 million;

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Former Paris elementary school to be turned into senior affordable housing

Norway Saving Bank has donated $20,000 towards a $3.1 million Avesta Housing initiative to turn a former school in downtown Paris into affordable housing.The former Mildred M. Fox School will be converted in senior affordable housing with 12 studio and one-bedroom apartments. Built in 1883 and expanded in 1940, the elementary school operated until 2008

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NHHFA announces support for six multi-family housing developments

Funding for six multi-family affordable rental housing developments, which will produce or preserve 166 units of general occupancy, age-restricted and special needs housing around the state, was recently approved by the New Hampshire Housing Finance Authority Board of Directors. The housing units are in Claremont, Hampton Falls, Laconia, Lebanon, Plaistow and Rochester. NHHFA funding allocations

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Portland council approves tax breaks for affordable housing

PORTLAND — It took two meetings in one night to clear out City Council business Monday. Part of the result was more municipal support for affordable housing. Councilors also set dates for hearings and votes on two potential changes to the City Charter. In holding both July meetings on one night, councilors met for about

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Avesta adds 37 affordable apartments in Portland’s West End

PORTLAND — More than 100 people celebrated the comforts of home June 27 at the grand opening of Avesta Housing’s new apartment building at 17 Carleton St. But no one celebrated more than Alan Lewis. “I love my apartment big-time,” Lewis said during the ceremony behind the 37-unit West End building. Lewis was one of

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Affordable housing project opens in Portland’s West End

Nonprofit Avesta Housing hosted a grand opening Wednesday of its newly developed affordable apartments on Carleton Street. The development has 37 studio, one- and two-bedroom apartments targeted at or below 40 to 60 percent of the area income. “It’s wonderful that we’ve been able to respond to the affordable housing crisis that exists here,” Avesta

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New affordable housing opens in Portland

PORTLAND — Affordable housing is now available on Portland’s West End.Nonprofit Avesta Housing hosted a grand opening Wednesday of its newly developed affordable apartments on Carleton Street. The development has 37 studio, one- and two-bedroom apartments targeted at or below 40 to 60 percent of the area income.Avesta’s CEO says the new apartments “fit seamlessly

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Portland councilors consider funding, tax breaks for housing projects

PORTLAND — With more than $1 million to disburse, city councilors and staff are evaluating affordable housing proposals to get federal funding and possible tax incentives. The City Council Housing Committee, led by Councilor Jill Duson, met May 23 to review four applications seeking at least a share of the $1.08 million in HOME Investment

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New Affordable Apartments Open in Portland’s Historic West End Neighborhood

Portland, Maine — Nonprofit organization Avesta Housing will host a grand opening celebration of its recently developed affordable apartments, Carleton Street Apartments, in Portland, Maine on Wednesday, June 27 at 2:00 p.m. Speakers for the grand opening include: Portland City Mayor Ethan Strimling, Portland City Councilor Spencer Thibodeau, West End Neighborhood Association President Liz Parsons,

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