Community Archives - Page 3 of 5

Articles, Blogs, Community, Development | 5/14/24

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.

Articles, Community, Development | 5/10/24

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.

Community, Development, Press Releases | 5/6/24

Construction Underway on 25 New Affordable Apartments in Downtown Windsor

FOR IMMEDIATE RELEASE
May 6, 2024

[Windsor, VT] Today, the Windsor community celebrated the groundbreaking of Central and Main Apartments. Co-owners and co-developers, Windham & Windsor Housing Trust (WWHT) and Evernorth partnered to develop these 25 newly constructed, highly energy-efficient, and permanently affordable apartments on Main Street in the heart of the Designated Downtown.

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.

Community, Development, Press Releases | 3/1/24

Evernorth Rural Ventures Closes $8.9 Million New Markets Tax Credit Investment to Expand Penobscot Community Health Care’s Seaport Community Health Center

FOR IMMEDIATE RELEASE
February 29, 2024

[Belfast, ME] – Evernorth Rural Ventures, a subsidiary of Evernorth, is pleased to announce the closing of an $8.9 million New Markets Tax Credit (NMTC) investment for the expansion of Penobscot Community Health Care’s (PCHC) Seaport Community Health Center (SCHC) in Belfast, Maine. The NMTC financing is Evernorth Rural Ventures first investment in Maine and will allow SCHC to respond to a growing medically underserved population.

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.

Community, Opinion | 1/19/24

Opinion: Kathy Beyer: The Raised Ranch

This commentary was written by Kathy Beyer and originally published by VT Digger on January 19, 2024.

In 30 years of working in real estate development, I have never seen construction pricing or supply problems like we are experiencing now.

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.

Community, Development, Press Releases | 12/5/23

Community Celebrates the Grand Opening of Affordable Apartments at Historic Tuttle Block in Downtown Rutland

FOR IMMEDIATE RELEASE
December 5, 2023

[Rutland, Vermont] — On Tuesday, a gathering of community members, funders, residents, state legislators, and others celebrated the official grand opening for the newly renovated Tuttle Block Apartments, situated in the heart of downtown Rutland. Located right on Center Street, the historic building now offers a total of 16 affordable apartments, with the renovation of the 13 original apartments and the conversion of the second-floor office space into 3 new apartments.

Community, Development, Press Releases | 12/4/23

Champlain Housing Trust, Evernorth Team Up to Bring Over 100 Affordable Apartments to Colchester

FOR IMMEDIATE RELEASE
December 4, 2023

[Colchester, Vermont] – The Champlain Housing Trust and Evernorth announced today the completion and occupancy of Stuart Avenue Apartments and the beginning of construction of 10th Cavalry Apartments which collectively will bring over 100 new permanently affordable apartments to the Town of Colchester.

Community | 11/8/23

Sherrin Vail Awarded MREMA President’s Award

Evernorth is excited to announce that Sherrin Vail, Vice President of Asset Management and Portfolio Initiatives, was awarded the Maine Real Estate Manager’s Association (MREMA) President’s Award at the 2023 MREMA annual conference in Carrabassett Valley, Maine.

Community, Development, Press Releases | 10/23/23

New Housing Construction Still Not Enough – Building Homes Together Campaign Issues Annual Report Card

FOR IMMEDIATE RELEASE:
October 23, 2023

Williston, Vermont – At a press conference at a newly-converted motel into housing, leaders of the Building Homes Together campaign issued its annual report card on progress towards reaching housing production and affordability goals for Chittenden County. As housing costs continue to escalate and rental vacancy rates consistently failing to exceed even 1%, falling short of housing and affordability goals means the region’s economy and people will continue to struggle.

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