Avesta Housing
Avesta Housing, founded in 1972, is a nonprofit organization that develops and manages over 3,000 affordable homes in Maine and New Hampshire, and offers a wide range of services including financial counseling, educational support, and sustainable housing practices.
Company History
Avesta Housing was founded in 1972 with the mission to provide affordable housing solutions. Over the years, the organization has expanded to manage over 3,000 affordable homes across more than 100 properties. By focusing on both new construction and the rehabilitation of older homes, Avesta Housing has continually increased its impact in the community.
Real Estate Development
Avesta Housing specializes in real estate development, specifically aimed at affordable housing. They engage in both new construction projects and the rehabilitation of older homes to meet community needs. With a committed investment of over $300 million, Avesta Housing maintains a robust pipeline of over 800 homes across 19 properties.
Resident Services
Avesta Housing offers a range of services to its residents to ensure a high quality of living. Key services include comprehensive property management, maintenance, and community resource connections. The organization also provides educational programs and support for children through partnerships with local nonprofits, as well as financial counseling and renter support through the Avesta HomeOwnership Center.
Housing and Care Services
In addition to affordable housing, Avesta Housing provides residential care and assisted living services at two properties in Maine: Inn at Village Square in Gorham and 75 State Street in Portland. These facilities offer residents high-quality care and assistance while maintaining an affordable living environment.
Advocacy and Community Partnerships
Avesta Housing is actively engaged in advocacy efforts for affordable housing policies and development. They partner with organizations like Maine Behavioral Healthcare to support formerly homeless individuals and collaborate with local food banks like Wayside Food Programs to address food insecurity among residents. Furthermore, Avesta Housing operates Housing First communities to provide permanent housing and support services.