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.

Articles, Community, Development |

Evernorth Rural Ventures Invests in the Economic and Social Well-being of Communities

The New Markets Tax Credit Coalition’s latest national report highlights three recent ERV investments – one in Maine, New Hampshire, and Vermont! Evernorth Rural Ventures (ERV) leverages its NMTC resources to invest in the economic and social well-being of communities. These critical NMTC investments support job creation, essential goods and services, and key community developments benefiting low-income people and communities.

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Articles, Community |

Evernorth Welcomes Chief Financial Officer

We are pleased to announce that Rich Grogan has accepted the position as Evernorth’s Chief Financial Officer.

Rich has served as Executive Director of the Northern Border Regional Commission, driving economic and community development across Maine, New Hampshire, New York, and Vermont since 2019. He has also served in leadership roles at Community Capital of Vermont and the New Hampshire Small Business Development Center.

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Articles, Community, Development |

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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Articles, Community, Development |

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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Articles, Community, Development |

Newly Renovated Millbrook Estates in Westbrook, Maine

At Evernorth, we believe in the power of adaptively reusing community assets to stretch the potential of investment dollars and enrich communities. A perfect example is the newly renovated Millbrook Estates in Westbrook, Maine, where 100 apartments have been transformed into more modern and comfortable homes for seniors. We are proud to have invested in these homes, along with many other similar homes across Maine.

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Articles, Community, Development |

Lewiston’s Tree Streets Neighborhood Receives $2.5 Million Boost

Lewiston’s Tree Streets neighborhood in Maine received another boost with a $2.5 million grant from the U.S. Department of Housing and Urban Development (HUD). This funding supports the first phase of the “Growing Our Tree Streets Transformation Plan,” which includes the renovation of Wedgewood Mansion and the construction of 82 new rental homes across nine buildings on Pine, Pierce, Bartlett, and Walnut streets.

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Articles, Community, Development |

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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Articles, Blogs, Community, Development |

Champlin Place Grand Opening: A New Home for Rochester, New Hampshire Seniors

Champlin Place, a newly constructed affordable housing community in Rochester, New Hampshire, recently celebrated its grand opening. This development, designed for residents aged 62 and over and built by EasterSeals New Hampshire, offers 65 one- and two-bedroom apartments, all of which are already occupied, with a waiting list now in place. The independent living center includes amenities such as common rooms, laundry facilities, and a lending library.

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Articles, Community, Development |

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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