b'We are excited by our continued collaboration withAvesta Housing to bring affordable housing options to Scarborough. Our partnership benefits greatly from ProvidingAvestas expertise and years of experience. Working together, we can create a sustainable future, support the needs of our residents, and strengthen the fabric of our community.Affordable Homes THOMAS HALL, SCARBOROUGH TOWN MANAGERTWO NEW AVESTA PROPERTIES OPENED TO RESIDENTS IN 2024.SCARBOROUGH, MAINEVillage CommonsVillage Commons provides 31 homes for adults 55 and older. The building is part of Firehouse Village,A PATH FORWARDa 2.6-acre, mixed-use development on the site of a former public safety campus. The property is close toHomeownershippublic transportation, dining, banking, health care, andfor MEoutdoor recreation.Launched in 2024, this program FRYEBURG, MAINEacquires and restores vacant properties, making them available Snow School at below market prices to first-time Snow School Apartments, which provides 28 homes forhomebuyers from moderate-income older adults, is an example of how unused public propertyhouseholds that are currently priced can be repurposed to create affordable housing. Built on theout of the market. Avesta operates site of the former Charles A. Snow School, Avesta designedthis program in a way that preserves the property to retain the character of the school whileproperty affordability while building incorporating the latest in sustainable construction features. modest equity for the homeowners.The goals of A Path Forward are to create permanently affordable homes, build wealth for families, and create vibrant, inclusive, and equitable communities.3VILLAGE COMMONS'