News
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Jim Hanley appointed to Avesta Housing Board of Directors
PORTLAND, Maine — Avesta Housing, the largest nonprofit affordable housing provider in northern New England, is proud to announce that Jim Hanley has been appointed to the Avesta Housing Board of Directors for a three-year
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Interest rate on retail credit cards hits 30% as holiday shopping season starts
American families are expected to spend anywhere between $850 and $1,700 during this year’s holiday season – about $1.6 trillion overall – and while it may be tempting to save some money by using a
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Seavey Street development underway in Westbrook
Ground was broken Tuesday on a 186-unit apartment complex at 35 Seavey St. in Westbrook. The first phase, Seavey Terraces, will have 65 units with a majority of workforce housing and some market-rate units. Developer
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Groundbreaking held for new mixed-income community in Westbrook
WESTBROOK (WGME) –- As the housing crisis continues, more units are going up in Maine. Tuesday morning, New Ventures with Avesta Housing hosted a groundbreaking ceremony for a new housing community in Westbrook. The Maple
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New mixed-income housing community to bring nearly 190 new housing units to Westbrook
WESTBROOK, Maine — A new development in Westbrook is looking to put a dent in the city’s housing needs as the housing crisis in the state deepens. A study estimates the state needs to come up with
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Westbrook breaks ground on revolutionary workforce housing project
A unique workforce housing complex in Westbrook is underway, which will add 186 units to Maine’s overstressed housing market. Now, residents like police officers, teachers and nurses — who earn between $50,000 and $70,000 annually
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It’s getting more expensive for Mainers to age in place
Most seniors want to live in their homes or communities for as long as possible, or, “age in place.” As outfitting homes and carrying out maintenance gets more costly, local volunteer organizations are stepping up
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Westbrook prepares to break ground on a new workforce housing development
WESTBROOK, Maine — On Tuesday, New Ventures, led by real estate developer Jack Soley and builder Tim Hebert, will hold a groundbreaking ceremony for a new apartment complex in Westbrook called Seavey Terraces. The development
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Avesta announces Property of the Year Award
Avesta Housing is proud to announce that it has awarded its 2022 Property of the Year Award to Unity Village at Bayside in Portland, Maine. The following employees were honored with the award at Avesta’s