News
After-school program launched at Brick Hill
SOUTH PORTLAND — Avesta Housing and Boys & Girls Clubs of Southern Maine (BGCSM) have partnered to provide a unique after-school program in the Brick Hill neighborhood of South Portland that, if successful, may be
Former Martel school redevelopment inches closer to reality
LEWISTON — The developers behind a proposed senior housing project at the former Martel Elementary School say the project is moving forward after securing key financing. The proposed 44-unit senior housing redevelopment would reuse the
NBT Bank donates $25,000 to provide affordable housing for seniors
PORTLAND, Maine — NBT Bank has donated $25,000 to Avesta Housing’s Silver Hearth Fund to help provide affordable housing and services for older adults in Maine and New Hampshire. Avesta provides safe, affordable quality homes
Group calls for sweeping changes to cut through red tape stopping Maine housing projects
PORTLAND (WGME) — The need for more housing is a crisis that’s only become worse during the pandemic. Maine officials are now looking to cut the red tape that can hold back housing projects. Click
First phase of Lewiston’s Choice Neighborhoods redevelopment moves ahead
LEWISTON, Maine — The first phase of construction for Lewiston’s Choice Neighborhoods initiative is closer to reality after receiving additional funding. The city and its development partners, including Avesta Housing, were awarded MaineHousing tax credits
Avesta awarded almost $20 million in equity and subsidy funding
Avesta has been awarded two 9% Low Income Housing Tax Credit (LIHTC) awards and four Federal Home Loan Bank of Boston Affordable Housing Program (AHP) awards. This represents almost $20 million in equity and subsidy
Former Avesta employee becomes first Somali-American mayor in U.S.
Somalia was on the verge of civil war when Deqa Dhalac fled the capital city of Mogadishu 31 years ago and began her journey to become the first Somali-American mayor in the United States. On
Commission: Eliminate single-family zoning to increase housing
Recommendations from the Commission to Increase Housing Opportunities in Maine by Studying Zoning and Land Use Restrictions include eliminating single-family zoning, allowing in-law apartments as a matter of right and removing municipal growth caps. Click
Avesta receives $75K grant for affordable housing pre-development
Avesta Housing has received a $75,000 grant from the Five Together Foundation to address the affordable housing crisis in the state. Established in 2005, the Five Together Foundation supports initiatives in youth leadership and development,