Avesta Housing Development Corporation logo

Avesta Housing Development Corporation in Portland, ME

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Maine & New Hampshire nonprofit providing affordable housing development, property management, and HUD-certified financial counseling to renters and homeowners at risk of eviction or foreclosure.

Data compiled from public sources

Avesta Housing Development Corporation Review

Avesta Housing Development Corporation is a nonprofit organization operating across Maine and New Hampshire that addresses housing affordability and stability through multiple integrated programs. Founded on the mission that everyone deserves a place to call home, the organization manages 100 affordable properties containing over 3,000 apartments while also providing supportive services to vulnerable populations.

Avesta's primary services include multifamily affordable housing development and rehabilitation, property management with on-site support staff, HUD-certified financial counseling and credit counseling, eviction prevention assistance, homeownership education and first-time homebuyer support, residential care and assisted living for older adults, and listed housing programs for formerly homeless individuals and chronic homeless populations. Their Financial Counseling & Homeownership department serves both Avesta residents and the broader community, offering free services to those facing housing instability.

What distinguishes Avesta is their comprehensive, wraparound service model that combines housing with resident support services. Beyond basic property management, they operate listed programs including Homeless to Housing (in partnership with Maine Behavioral Healthcare), Home for Good communities providing 24/7 support to chronically homeless individuals, food security partnerships, recent immigrant services, and annual resident scholarships for post-secondary education. Their HUD-certified counselors provide eviction and foreclosure prevention at no charge, helping residents understand credit, design budgets, negotiate with lenders, and navigate legal processes.

Avesta is most credible for genuine nonprofit housing and financial counseling services rather than credit repair or debt relief. Their strength lies in integrated community support, but their services are geographically limited to Maine and New Hampshire. Consumers outside these states or seeking credit repair specifically would need to look elsewhere.

Services & Features

Credit counseling and personal finance education
Eviction prevention assistance and action planning
First-time homebuyer education and purchasing assistance
Food security assistance through food bank partnerships
Foreclosure prevention counseling and mortgage company negotiation
HUD-certified financial counseling (free for residents and community)
Home for Good permanent supportive housing with 24/7 support services
Homeless to Housing program with transition specialists
Multifamily affordable housing development and rehabilitation
Property management of 100 affordable housing properties
Recent immigrant housing and community support services
Resident scholarships for post-secondary education programs

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • HUD-certified financial counselors provide free eviction and foreclosure prevention services including credit counseling, budget design, and lender negotiation
  • Operates 100 properties with 3,000+ affordable apartments, demonstrating substantial real-world housing impact
  • Comprehensive wraparound services including food security partnerships, homeless transition programs, and resident scholarships
  • listed programs for vulnerable populations: chronic homelessness (Home for Good), recent immigrants, and formerly homeless individuals
  • On-site trained staff at all properties including property managers, resident service coordinators, and maintenance technicians
  • Financial counseling available to community members beyond just residents
  • 24/7 support services at Home for Good communities ensuring continuous assistance for chronically homeless populations

Cons

  • Services limited to Maine and New Hampshire only—not accessible to consumers in other states
  • Not a credit repair company; cannot dispute errors or negative items on credit reports
  • Primarily focused on housing-adjacent services rather than standalone credit building or credit monitoring tools
  • Financial counseling emphasis on eviction/foreclosure prevention may limit scope compared to comprehensive credit counseling agencies
  • No mention of credit cards, secured cards, or credit builder loan products on website

State Consumer Finance Context

This is state-level context for Free Help consumers in Portland, ME. It does not confirm that Avesta Housing Development Corporation or this specific location is licensed.

State regulator

Maine Bureau of Consumer Credit Protection

Key state rules to check

  • No specific payday loan statute; lenders must comply with general usury and licensing laws.
  • Supervised lender rates capped at 30% for loans under $2,000.
  • The Maine Consumer Credit Code provides comprehensive consumer protections.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does Avesta Housing Development Corporation offer?

Avesta Housing Development Corporation offers 12 services including Multifamily affordable housing development and rehabilitation, Property management of 100 affordable housing properties, HUD-certified financial counseling (free for residents and community), Credit counseling and personal finance education, Eviction prevention assistance and action planning, and 7 more.

What profile signals are listed for Avesta Housing Development Corporation?

Avesta Housing Development Corporation has profile signals associated with Maine and New Hampshire renters at risk of eviction who need free eviction prevention counseling and budget planning, Homeowners facing mortgage delinquency or foreclosure in Maine and New Hampshire seeking HUD-certified foreclosure counseling, Formerly homeless or chronically homeless individuals seeking permanent supportive housing with wraparound services, Recent immigrants in Maine and New Hampshire needing affordable housing combined with community support services.

What are the strengths and weaknesses of Avesta Housing Development Corporation?

Key strengths: HUD-certified financial counselors provide free eviction and foreclosure prevention services including credit counseling, budget design, and lender negotiation; Operates 100 properties with 3,000+ affordable apartments, demonstrating substantial real-world housing impact; Comprehensive wraparound services including food security partnerships, homeless transition programs, and resident scholarships. Areas to consider: Services limited to Maine and New Hampshire only—not accessible to consumers in other states; Not a credit repair company; cannot dispute errors or negative items on credit reports.

How does Avesta Housing Development Corporation compare to similar companies?

In the Free Help category, comparable providers include Coastal Enterprises, Incorporated, Community Concepts, Inc. Also Dba Homequestmaine, Four Directions Development Corporation. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
Portland, ME
BBB Accredited
No
Certifications
HUD-Approved
Visit Avesta Housing Development Corporation

CreditDoc Profile Note

Research Note on Avesta Housing Development Corporation

Avesta Housing is profile signals for Maine and New Hampshire residents facing eviction, foreclosure, or homelessness who need integrated affordable housing with free HUD-certified financial counseling and wraparound support services. The main caveat is geographic limitation to two states and positioning as a housing nonprofit rather than a credit-specific agency—consumers seeking credit repair, credit monitoring, or credit-building products should consult other providers.

Profile Signals

  • Maine and New Hampshire renters at risk of eviction who need free eviction prevention counseling and budget planning
  • Homeowners facing mortgage delinquency or foreclosure in Maine and New Hampshire seeking HUD-certified foreclosure counseling
  • Formerly homeless or chronically homeless individuals seeking permanent supportive housing with wraparound services
  • Recent immigrants in Maine and New Hampshire needing affordable housing combined with community support services
Updated 2026-05-08

Similar Companies

Coastal Enterprises, Incorporated logo

Coastal Enterprises, Incorporated

Coastal Enterprises is a mission-driven nonprofit focused on economic development and financial innovation in rural America through investment and support programs.

BBB: NR

Profile signals: Rural residents seeking nonprofit financial guidance and economic development support, Small business owners in underserved rural communities

Community Concepts, Inc. Also Dba Homequestmaine logo

Community Concepts, Inc. Also Dba Homequestmaine

Community Concepts is a Maine-based 501(c)(3) non-profit Community Action Agency offering free financial counseling, housing assistance, and social services across Western Maine.

BBB: NR

Profile signals: Maine residents in Androscoggin, Franklin, or Oxford Counties needing free tax preparation, Homeowners and renters seeking assistance with heating/energy costs and emergency fuel assistance

Four Directions Development Corporation logo

Four Directions Development Corporation

Native CDFI nonprofit providing affordable housing financing, business loans, and financial counseling to Maine's Wabanaki tribes since 2001.

BBB: NR

Profile signals: Penobscot, Maliseet, Mi'kmaq, and Passamaquoddy tribal members seeking affordable housing, Native entrepreneurs and business owners in Maine looking for business financing and consulting

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Quick Summary

  • Avesta Housing Development Corporation is listed as a Free Help provider in Portland, ME on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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