News
Avesta President & CEO addresses affordable housing crisis in podcasts
In new podcasts by U.S. Sen. Angus King and the Greater Portland Council of Governments, Avesta Housing President & CEO Rebecca Hatfield discusses the affordable housing shortage, possible solutions to alleviate that shortage, and how
Avesta Housing and Preble Street applaud the signing of legislation to end chronic homelessness
Avesta Housing and Preble Street applaud the signing today of the budget package by Maine Gov. Janet Mills and its inclusion of funding to support the creation of more site-based Housing First programs across Maine.
Advocates praise Housing First program created under Mills budget
PORTLAND, Maine — The budget Gov. Janet Mills signed into law Tuesday includes funding for a Housing First program to help people struggling with chronic homelessness in Maine. Avesta Housing and Preble Street partnered on the first three
Kennebunk Savings Bank plans to donate land for affordable housing
After Kennebunk Savings Bank bought an industrial building on Alewive Park Road and transformed it into its operations center, most of the surrounding land sat unused. It quickly became clear that the land in Kennebunk
Kennebunk Savings Bank donates parcel of land to Avesta to develop affordable housing in town
Kennebunk Savings Bank is taking the unusual step of donating a parcel of land it owns for a 70-unit affordable housing development. The 41-acre parcel at 7 Alewive Park Road in Kennebunk would be divided
Evernorth’s $54M affordable housing fund will invest in five projects in Maine
Evernorth, a nonprofit based in Portland, ME and Burlington, VT, has raised $54.05 million in equity from 14 investors. The funds will be used to invest in 10 developments, five of which will be in
Avesta Housing awards 2023 educational scholarships
Avesta Housing, the largest nonprofit affordable housing provider in northern New England, has named the recipients of its 2023 educational scholarships. The $1,000 scholarships are awarded annually to Avesta Housing residents who are enrolling in
‘We’re not going to stop’: Portland struts its LGBTQ+ Pride
Standing in Monument Square among a soggy but enthusiastic crowd that was ready to march in the Pride Portland parade Saturday, Michael Patterson wore a rainbow tutu, rainbow socks and a big smile under his
Avesta President & CEO serves on Federal Reserve Bank panel to address housing crisis
Avesta Housing President & CEO Rebecca Hatfield recently served as a panelist on “Transition to the Post-Pandemic Economy,” an event hosted by The Federal Reserve Bank of Boston that provided a forum for New Englanders
