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.
This article was written by Maureen Millikan and originally published by Mainebiz on August 24, 2020.
Bill Shanahan is co-president of Evernorth, a housing capital syndicate formed when Northern New England Housing Investment Fund merged with Housing Vermont in July.
JULY 30, 2020 [Portland, ME and Burlington, VT] – Northern New England Housing Investment Fund (NNEHIF) and Housing Vermont (HV) announced they were uniting as a single entity to serve the low and moderate income people of Maine, New Hampshire and Vermont with affordable housing and community investments. The new regional organization, now named Evernorth, … Continued
This article was written by Anne Galloway and originally published on July 30, 2020.
Housing Vermont is merging with a regional nonprofit group in order to expand access to capital for low-income housing, weatherization and economic development projects in rural areas across Vermont, New Hampshire and Maine.
Affordable housing can promote health, build wealth, and change neighborhoods and lives. But housing is also used as a tool to divide communities, perpetuate unfair educational opportunities, reduce wealth, and sustain segregation. Racial inequality is rooted in our nation’s history of slavery, and it has been structurally maintained by public policy, including through housing and … Continued
One of the grandest hotels of its day, New Avenue House opened to the public in 1898. It quickly became a cornerstone of the commercial center of downtown St. Johnsbury. It was rebuilt after the original building was destroyed by a fire in 1896. It was renovated into apartments years later but fell into disrepair … Continued
The basic premise of Housing First is simple. If someone is experiencing chronic homelessness – meaning they are continuously homeless for a year or more or have had four or more episodes of homelessness in three years – they are provided housing first and then given the support they need to work on other issues … Continued
Much progress has been made in housing veterans who experience homelessness in the U.S., and Northern New England is no exception. In 2019, the nonprofit agency Harbor Homes opened Boulder Point Veterans Housing, a 30-unit apartment complex in the town of Plymouth, New Hampshire. Harbor Homes is the largest member of Partnership for Successful Living (PSL), an affiliation … Continued
Manchester Housing & Redevelopment Authority (MHRA) is the largest public housing agency – and largest landlord – in Northern New England. MHRA is widely recognized for its array of supportive programming offered to residents, so when it was time to develop more affordable housing, the agency turned to one of its longtime service partners. The … Continued
In October 2018, Mayor David Allaire joined residents, funders, community members, and two affordable housing organizations to celebrate the completion of the Hickory Street Initiative. Speaking before a large gathering, Mayor Allaire stated, “We are very pleased as a City to see the transformation of this great neighborhood with the completion of Hickory Street. This … Continued
In June 2019, Housing Vermont and Twin Pines Housing Trust brought together residents, funders, community members, and local legislators to celebrate the completion of Wentworth Community Housing which provides 30 new mixed-income apartments in downtown White River Junction. The two organizations used Vermont’s Housing for All Revenue Bond (HRB) funds to finance its construction. The 15 one-bedroom and 15 two-bedroom apartments include nine targeted to households … Continued
The town of Bellows Falls, Vermont has experienced tough economic times, especially after the closure of the Vermont Yankee Nuclear Power Plant in 2014. So, Vermont Rural Ventures (VRV)* partnered with Massachusetts Housing Investment Corporation (MHIC) to keep – and add to – jobs in Bellows Falls. The two organizations provided $21.5MM in New Markets … Continued
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