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.
FOR IMMEDIATE RELEASE
August 7, 2025
[Burlington, Vermont] – Officials gathered Thursday afternoon to mark the beginning of construction of 40 new permanently affordable apartments at Cambrian Rise, a new, mixed income neighborhood, situated between Burlington’s Old North End and New North End. The new building, 100 Cambrian Way, is being developed by Champlain Housing Trust (CHT) and Evernorth.
FOR IMMEDIATE RELEASE
August 6, 2025
[Berlin, VT] Today, the Berlin community celebrated the grand opening of Fox Run Apartments with a ribbon cutting celebration. Downstreet and Evernorth, the co-owners and co-developers, partnered to develop Fox Run Apartments to provide essential housing for 30 low- and moderate-income households in Berlin.
FOR IMMEDIATE RELEASE
July 31, 2025
Bennington, VT – Evernorth is pleased to announce the closing of funding and capital investments for the redevelopment of Bennington High School (Benn High) in downtown Bennington, Vermont. The Benn High redevelopment project, which is sponsored by Vermont Housing Initiative, reinvigorates a vacant, two-story, historic school campus on Main Street, transforming it into both affordable housing and vital services for the community. Benn High is the result of years of diligent collaboration and planning among state and local business leaders, nonprofits, community advocacy groups, government officials and state housing and economic development agencies, alongside the long-time support of municipal officials and Bennington residents.
FOR IMMEDIATE RELEASE
July 1, 2025
[Windsor, VT] Today, the Windsor community celebrated the official grand opening 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.
FOR IMMEDIATE RELEASE
June 6, 2025
[Hinesburg, Vermont] – This week, the Hinesburg community celebrated the official grand opening of Kelley’s Field II. Co-owners and co-developers, Evernorth and Cathedral Square are pleased to welcome adults 55 and older to the 24 new permanently affordable apartments in Hinesburg, Vermont.
FOR IMMEDIATE RELEASE
May 21, 2025
[Rutland, VT] Today, the Rutland community celebrated the groundbreaking of Maplewood Commons Apartments. Co-owners and co-developers Cornerstone Housing Partners and Evernorth have partnered to develop Maplewood Commons Apartments, the new construction of 30 permanently affordable homes in Rutland, Vermont.
FOR IMMEDIATE RELEASE
May 5, 2025
[Putney, VT] Today, the Putney community celebrated the groundbreaking of Alice Holway Drive 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 in Putney, Vermont.
FOR IMMEDIATE RELEASE
April 28, 2025
Colchester, Vermont – Champlain Housing Trust and Evernorth celebrated with community members, state officials, and public funders at Fort Ethan Allen in Colchester Monday, marking the completion of 65 new permanently affordable apartments. The apartments, across three buildings, were completed in phases over the past five months.
This week, a ribbon-cutting celebration was held at Picker House Lofts, marking a brand-new chapter for the historic Continental Mill on Cedar Street in Lewiston, Maine. This redevelopment has transformed the formerly vacant building into 72 homes, offering a mix of market-rate and income-restricted apartments to meet the growing housing needs in the community.
FOR IMMEDIATE RELEASE
March 25, 2025
Evernorth closed Housing New England, Fund VI on March 19, 2025. This fund will provide equity to finance affordable housing in Maine, New Hampshire, and Vermont.
16 investors committed a total of $64,250,000 in equity making Housing New England, Fund VI (HNE Fund VI) a significant financial resource for the region’s critical affordable housing needs. HNE Fund VI’s investors include community, regional and national banks as well as one of the nation’s largest mortgage banking organizations.
FOR IMMEDIATE RELEASE
March 17, 2025
[Barre, VT] Today a gathering of community members, funders, residents, state legislators, and others celebrated the official grand opening for the historic Ward 5 School Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing and Community Development partnered to redevelop the historic Ward 5 School into 9 new permanently affordable homes that are part of the larger Granite City Apartments project, which also includes 18 newly renovated apartments in two buildings on Bromur Street.
[Charlestown, NH] Evernorth Rural Ventures is pleased to announce New Markets Tax Credit (NMTC) financing in support of GreenSource Fabrication LLC, a subsidiary of Whelen Engineering Company, Inc.
The financing will support GreenSource’s manufacturing expansion located in Charlestown, New Hampshire.
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