We see so many million-dollar homes for sale, how about something affordable in Maine’s largest city?
The nonprofit housing developer Avesta Casing this week opens Deering Place, a new 75-unit, $15. 3 million, affordable housing complex… in downtown Portland! Wait, what?
According to MaineBiz , Deering Place ( which will have some units at market rates ) is made up of three apartment buildings on Deering Street and Cumberland Avenue. There’s a new building, a renovated building, and a rework of an existing building and there’s parking included. Parking in Portland!
… we are proud to provide safe, quality, affordable homes in the heart of the state’s biggest city to a diverse population. Deering Place exemplifies our mission that everyone deserves a place to call home.
Anyone looking for housing knows that here in Maine it’s dire. Avesta Casing , based in Portland, is the developer, owner, property manager, and resident service provider. They built or renovated this current $15. 3 million project with maximum energy efficiency in mind.
This is a great area and has lots of amenities like a community room, laundry, and a parking garage. Based on MaineBiz , last year 6, 231 people applied for housing assistance through Avesta, a jump of 32%, and over a third said they were homeless. Avesta was only able to find casing for less than 8% of them. I’m so happy to spread the word of this amazing actual affordable housing.
I hope there are more stories like this in the future. Maine needs more housing like this and fewer million-dollar condos.