Title

"From the Ground Up" piece on the dim outlook in the construction sector, noting

Authors

Scott Tompkins

Source

Mainebiz

Date

2-5-2007

Pages

35

Abstract

"From the Ground Up" piece on the dim outlook in the construction sector, noting that builders of multi-unit housing projects are the exception. Dana Totman, president of Avesta Housing, Maine's largest nonprofit housing agency, says units fill as fast as they can build them, but there aren't enough subsidies to bridge the gap between what renters can afford and the cost of apartments. One of Avesta's most visible projects is the $8.2 million, 60-unit Pearl Place family complex currently under construction in Portland. Other major affordable housing projects are underway by the People's Regional Opportunity Program, Volunteers of America Northern New England, and Housing Initiatives.

Subjects

Avesta Housing, Construction industry

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