Portland to Review Avesta Financing Request for Cedar Project

Portland's Housing & Economic Development Committee will review Avesta's request for TIF and credit enhancement support for Dashaway Commons at 15-19 Cedar Street. The requested assistance would help the affordable housing project compete for MaineHousing tax credits; no amount or term is stated.

Document date · June 30, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

AgendaPacket

Source document

City of Portland AgendaPacket Housing & Economic Development Committee Meeting 2026-06-30

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AWARDED

City of Portland, Maine$2.1 millionOct 2, 2026

Lewiston Housing AgendaPacket Board of Commissioners Meeting 2026-07-28

ONGOING

Lewiston Housing Authority, MaineJul 28, 2026

City of Portland AgendaPacket Housing & Economic Development Committee Meeting 2026-06-30

PENDING

City of Portland, MaineJun 30, 2026

City of Portland Agenda Housing & Economic Development Committee Meeting 2026-06-30

PENDING

City of Portland, MaineJun 30, 2026

City of Portland Agenda Housing & Economic Development Committee Meeting 2026-06-30

PENDING

City of Portland, MaineJun 30, 2026

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Who was awarded the financial services contract by City of Portland?

AVESTA was awarded this financial services contract by City of Portland, as recorded on June 30, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Portland AgendaPacket Housing & Economic Development Committee Meeting 2026-06-30 (AgendaPacket), dated June 30, 2026 from City of Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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