Articles Archives - Page 2 of 2

Articles, Community, Development | 4/4/24

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.

Articles, Community, Development | 2/29/24

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.

Articles, Community, Development | 1/18/24

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.

Articles, Community | 4/28/23

Evernorth Welcomes Executive Vice President & Chief Program Officer

We are happy to announce that Cynthia (Cindee) Lacasse has accepted Evernorth’s newly created position of Executive Vice President and Chief Program Officer. Ms. Lacasse will be joining us beginning May 29th. Cindee is an affordable housing industry leader with deep transactional knowledge and a commitment to Evernorth’s mission. She will be based in Portland and serve a key, externally-facing role with Evernorth’s investors, developers, and funders.

Articles, Community | 8/13/21

Column: We need a comprehensive solution to the eviction crisis now

This column was written by John Vogel and originally published by Valley News on June 15, 2021. John is a recently retired clinical professor from the Tuck School of Business at Dartmouth and is co-chair of the Evernorth Board of Directors.

Articles, Community | 6/16/21

Column: Vermont’s affordable housing effort is at an important crossroad

Articles, Press Releases | 3/3/21

U.S. Treasury Awards Evernorth $950,000 to Support Affordable Housing

FOR IMMEDIATE RELEASE: February 25, 2021

On Monday, February 22, 2021, The U.S. Department of the Treasury’s Community Development Fund (CDFI Fund) awarded Evernorth $950,000 for the development of affordable housing in low income areas in New Hampshire and Maine.

With a prior $2M CMF award Housing Vermont (now part of Evernorth) financed over 900 units over the past five years. This new award will allow Evernorth to extend its financing program into New Hampshire and Maine where it has provided equity financing to 2,429 apartments in the past 5 years.

Articles, Press Releases | 2/24/21

Evernorth Closes Second Multi-Investor Fund

FOR IMMEDIATE RELEASE: February 19, 2021

Evernorth closed its second multi-investor fund – Housing New England, Fund II – on January 29, 2021. This fund will provide equity to finance affordable housing in Maine, New Hampshire and Vermont.

19 investors committed a total of $60.7 million in equity making Housing New England, Fund II (HNE Fund II) a significant financial resource for the region’s critical affordable housing needs.

Articles, Press Releases | 10/13/20

Building Homes Together Campaign Releases Progress Report

FOR IMMEDIATE RELEASE: October 5, 2020

Burlington, Vermont – The Building Homes Together Campaign, formed in 2016 to encourage production of housing in Chittenden County, released its annual progress report that showed continued overall success in new housing being created, but a persistent lack of affordable homes.

Articles, Community | 9/23/20

Column: How to Make a Housing Disaster Even Worse

This column was written by John Vogel and originally published by Valley News on September 10, 2020. John is a recently retired clinical professor from the Tuck School of Business at Dartmouth and is co-chair of the Evernorth Board of Directors.

Articles | 9/2/20

On the Record: Bill Shanahan helps lead newly merged housing syndicate, but keeps it local

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.

Articles | 7/30/20

Housing Vermont merges with New England group

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.

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