News

Building Business: Multifamily housing among projects underway in Portland
Wright-Ryan Construction of Portland is readying 58 Boyd St., a 55-unit affordable housing complex in Portland. The cost was $11.2 million, and Bangor Savings was the largest private lender, putting up $2.9 million. Portland Housing Authority

Racial Equity Pledge
Avesta Housing condemns the acts of violence and injustice against people of color that are currently taking place and that have taken place in the past weeks, months, and years. We recognize that individuals, institutions,

Maine nonprofits receive $1.2 million for COVID-19 relief efforts
Nonprofit organizations serving Maine people most affected by the coronavirus pandemic have been awarded $1.2 million in grants from the Maine Community Foundation’s COVID-19 Emergency Response Fund and a fund for food security. The 130

Avesta Housing proposes new apartments on Valley Street
Avesta Housing is proposing a five-story, 60-unit apartment building on Valley Street in Portland. While some units would be rented at market prices, a majority would be affordable to people making significantly less than the

Avesta Housing seeks review from planning board
CONWAY — A request by the Mt. Washington Valley Economic Council for concurrent site-plan and subdivision review for the Avesta workforce and senior living housing project tops the agenda for the Conway Planning Board’s meeting

Lewiston finalizes option agreement to redevelop Martel School building
LEWISTON — The City Council signed off on a purchase-and-sale agreement Tuesday for the redevelopment of the former Martel School on Lisbon Street. The agreement gives developer Avesta Housing the option to purchase the property, contingent

City transfers buildings in ‘transformation’ plan to Lewiston Housing
LEWISTON — It’s been planned since last year, but now it’s official. A collection of downtown properties owned by the city will be turned over to Lewiston Housing, a move that officials believe will give

Assisted living residents staying active during pandemic
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COVID-19 Update
COVID-19 Update April 16, 2020: Avesta Housing continues to work around the clock to provide safe, affordable homes during the COVID-19 pandemic. Our top priority remains the health and safety of our residents. While our