News & Ideas

Nothing illustrates the importance — and impact — of affordable housing and community development better than stories about the community itself. Learn about the people who develop and build the housing and the people who are built up because of it.

Stroudwater Apartments in Westbrook, Maine Celebrates Grand Opening

Stroudwater Apartments in Westbrook, Maine celebrated its grand opening and received recognition from both local and state representatives including from Maine Congresswoman Chellie Pingree, who applauded the development’s contribution to expanding affordable housing for older adults. The Stroudwater Apartments are for adults age 55-plus with household incomes at or below 60% of the area median income.

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Gafney Home Grand Opening in Rochester, New Hampshire

The newly restored historic Gafney Home in Rochester, NH, officially opened, providing 21 affordable apartments for people aged 62 and up. Congratulations to the Community Action Partnership of Strafford County and everyone who contributed to making this project a reality.

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Jocelyn Place Opens New Doors for Affordable Housing in Scarborough, Maine

Jocelyn Place officially opened its doors, creating 60 new affordable apartments for adults aged 55 and older. The apartments are ideally situated in Scarborough, Maine, close to healthcare providers, grocery stores, banks, restaurants, retail, and recreational opportunities along with various other services.

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The Uptown Grand Opening: New Affordable Homes for Older Adults in Bath, Maine

The Uptown, 60 affordable homes for older adults in Bath, Maine, celebrated its grand opening this month with a ribbon-cutting ceremony. Developed by the Szanton Compnay for residents 55 and older, the project involved new construction,  adaptive reuse, rehab of existing housing, historic preservation and commercial space.   

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Penacook Landing Phase II Ribbon-Cutting, adding 20 New Affordable Homes in Concord, NH

The Penacook neighborhood in Concord, New Hampshire, celebrated the ribbon-cutting of Penacook Landing Phase II. This expansion adds 20 new affordable homes, completing the two-building affordable housing community situated along the Contoocook River. Developed by The Caleb Group, Penacook Landing addresses the region’s pressing housing needs. Evernorth is proud to have invested in this transformative project, which highlights the importance of collaboration in meeting affordable housing challenges.

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Celebrating the Grand Opening of Harrison Ridge in Bridgton, Maine

Congratulations to the Harrison Ridge team on a successful grand opening! Developed by the Developer’s Collaborative, these 48 new affordable apartments for adults 55 and older in Bridgton, Maine, mark a step forward in addressing the housing needs of older adults. Evernorth is a proud equity investor in these homes.

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New Affordable Housing Opens for Older Adults in Rochester, New Hampshire

Developed and managed by Easterseals New Hampshire, Champlin Place offers 65 newly constructed affordable homes for older adults in Rochester, NH, and is one important step in addressing the need for more affordable housing options in the state. Evernorth is a proud equity investor in these new homes.

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