News
New Avesta Housing CEO to join Camden National board
Rebecca Hatfield, Avesta Housing’s new president and CEO, will join the board of directors at Camden National Corp. (Nasdaq: CAC), parent company of Camden National Bank, at the end of this year. Effective Dec. 31,
Two Maine nonprofits tackle affordable housing in NH
Two Portland-based nonprofits this week announced plans to address affordable housing challenges in neighboring New Hampshire. Evernorth, a nonprofit with dual headquarters in Portland and Burlington, Vt., said it will oversee a workforce housing loan
River Turn Woods celebrated with groundbreaking
CONWAY, NH — Avesta Housing celebrated its first affordable housing development in Mount Washington Valley on Sept. 23 with a groundbreaking ceremony featuring development, legislative, and financial partners. When completed, River Turn Woods will provide
Deering Place mural pays homage to residents and community
One of the unique aspects of Deering Place, Avesta Housing’s new affordable housing development in downtown Portland, is the use of art to decorate interior and exterior space. Several local artists provided work to bring
Federal tax changes would ease Maine’s affordable housing shortage, says one developer
A group called “Up for Growth” released a study last month that found Maine was about 9,000 affordable housing units short in 2019. The Portland-South Portland region alone was said to be some 8,000 affordable
Construction begins on River Turn Woods in New Hampshire
Our development team has closed on the land acquisition and construction financing for the first phase of River Turn Woods in Conway, N.H., and construction is underway. A groundbreaking ceremony is tentatively scheduled for September.
6 Mainebiz Women to Watch alumni tell us what’s next
As Mainebiz inaugurates another group of inspiring Women to Watch in 2022, we checked in with some of last year’s honorees about the biggest changes at their organizations in the past year and their goals for this
Hundreds apply for new, affordable apartments in Lewiston
New, affordable apartments are now open in Lewiston, offering dozens of units for individuals and families in the area. More than 1,780 people asked about the 35 units at Gauvreau Place. The developers hope the
Gauvreau Place brings more affordable housing to Lewiston
On July 12, a ribbon-cutting ceremony was held in Lewiston for Gauvreau Place, a new housing development at Blake and Pine streets by Community Concepts, Inc. that provides 28 affordable housing units and seven market
