Pearl PlacePortland, ME Pearl Place consists of two buildings situated about one block north of Congress Street in downtown Portland. The developer, Avesta Housing, provides residents with free internet access as well as computers in a community room for residents' use. Pearl Place is accessible to all downtown Portland conveniences and close to I-295. |
![[img] Pearl Place](../_images/projects/PearlPlace_cc06.jpg) |
| LP Name | Avesta Pearl Street One LP | |
| Number of Units Type Residency |
60 new construction family |
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| Placed in Service Date Partnership Closing Date |
12/07 12/06 |
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| Unit Mix | 20 one-bedroom units 25 two-bedroom units 15 three-bedroom units |
|
| Income Target | 36 units at or below 50% of AMI 24 units at or below 60% of AMI |
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| NNEHIF Fund | CC 2006 LP / Fannie Mae, managed by Enterprise Community Investment, Inc. | |
| Other Sources of Funding | TD Banknorth MaineHousing HOME TIF Proceeds Loan Federal Home Loan Bank of Boston AHP City of Portland |
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| Developer | Avesta Housing | |
| Property Manager | Avesta Housing | |