Avesta Housing Development Corporation

Street Address:
307 Cumberland Avenue
Portland, ME 04101


Phone: 207-553-7777
Fax: 207-553-7778
Website: www.avestahousing.org

Dana Totman, President and CEO

Contact Name: Kirsten L Figueroa
Phone: 207-553-7777
Fax:
Email: kfigueroa@avestahousing.org


  

Background
Founded in 1972 with a shoestring budget, a staff of three, and originally known as York Cumberland Housing, Avesta Housing has grown to become one of the country's most innovative and respected leaders in affordable housing. Avesta pioneered the first HUD Section 8 rental-assistance program in the nation. We were among the first U.S. property management organizations to offer resident services to low-income and elderly tenants. Today, Avesta Housing is the largest nonprofit developer of affordable quality housing in New England. Avesta has a portfolio of 1,300 housing units and administers housing vouchers for an additional 1,100 families. Avesta has assets of over $90,000,000 and a $25,000,000 annual budget.

Mission
Avesta Housing's mission is to promote and provide housing opportunities primarily for Southern Maine people in need. Avesta advocates for affordable housing, develops and manages high quality housing, and helps residents access other needed services.

Total Operating Expense (9/30/2007): $19,925,025

 Lines of Business
  • Asset and Property Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Multifamily Initiative
  • NeighborWorks Rural Initiative



    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Neal AllenBoard MemberOtherGreater Portland Council of GovernmentsExecutive Director
    William BaranBoard MemberResident Retired Minister
    Deborah A DiDominicusBoard MemberNon-Profit InstitutionSouthern Maine Agency on AgingDeputy Director
    Bob DunfeyBoard MemberBusinessDeStefano & Associates, Inc.Real Estate & Hotel Developer/Consultant
    Peter H GodsoeBoard PresidentFinancial InstitutionNorway Savings BankRegional VP, Commercial Lending
    Thomas KaneBoard MemberNon-Profit InstitutionPortland West Neighborhood Planning CouncilRecruitment and Aftercare Manager
    Gail KingsleyBoard SecretaryOtherLibby O'Brien Kingsley, LLCCounsel
    Helen McGuinessBoard Vice ChairDeering PavilionExecutive Director
    Luc NyaBoard MemberState GovernmentMaine Department of Health & Human ServicesMulticultural Services Coordinator
    Fred PanicoBoard MemberResident Real Estate Development Consultant
    Sherry SaboBoard MemberNon-Profit InstitutionCounseling Services, Inc.CEO
    Mary StrikerBoard MemberResident  
    Cornelia SwansonBoard TreasurerFinancial InstitutionTD Banknorth Inc.Senior Vice President, Risk Management

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  New England
    Name:  Frances Cinicola
    Phone:  617-585-5027
    Toll-Free:  
    Fax:  617-450-0427
    Email:  fcinicola@nw.org