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
June 17, 2026
Bangor, Maine – Evernorth Rural Ventures closed a $9 million allocation of New Markets Tax Credits (NMTC) for the construction of a new 82,000 square foot community center for the Bangor Region YMCA. The new facility will significantly expand access to childcare, healthcare, youth programming, and wellness services, aligning with the city of Bangor’s downtown revitalization goals.
FOR IMMEDIATE RELEASE
June 3, 2026
[Waterbury, VT] Today, the Waterbury community cut the ribbon to celebrate the opening of Marsh House Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing & Community Development partnered on Marsh House Apartments which provides essential housing and services for 26 low- and moderate-income households in Waterbury, Vermont.
FOR IMMEDIATE RELEASE
April 21, 2026
Evernorth closed Housing New England, Fund VII on April 2, 2026. This fund is the second largest in Evernorth’s history, providing crucial equity financing to support the development and preservation of affordable housing across Maine, New Hampshire, and Vermont at a time when the need for housing has never been more urgent.
FOR IMMEDIATE RELEASE
February 5, 2026
[Lewiston, Maine] – Evernorth Rural Ventures closed a $6.8 million allocation of New Markets Tax Credits (NMTCs) for the construction of a new 11,000 square foot facility to enhance and expand the Trinity Jubilee Center’s community impact. The new space will grow Jubilee’s ability to meet community needs for food and resource security, shower and laundry facilities, and other essential services, allowing Jubilee to serve more clients than ever before.
FOR IMMEDIATE RELEASE
February 3, 2026
On January 29, the Finance Authority of Maine (FAME) announced Evernorth Rural Ventures (ERV), a subsidiary of Evernorth, was awarded a $10.4 million allocation of New Markets Tax Credits (NMTC) authority to continue its successful economic and community development investment in low-income and rural areas across Maine. FAME’s Maine New Markets Capital Investment Program is designed to stimulate private investment and spur job growth in rural and underserved areas of the state.
FOR IMMEDIATE RELEASE
January 8, 2026
On December 23rd, 2025, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI) announced Evernorth Rural Ventures, a subsidiary of Evernorth, was awarded a $70 million allocation of New Markets Tax Credits (NMTC) to continue its successful economic and community development work in low-income areas. This is Evernorth Rural Ventures’ 8th award.
FOR IMMEDIATE RELEASE
December 17, 2025
[Windsor, Vermont] — Central & Main, a new 25-unit affordable housing development in downtown Windsor, has been recognized with a Best Builders Award by the Associated General Contractors of Vermont. The award was presented to project builder and AGC/VT member Neagley & Chase Construction at the organization’s annual awards ceremony on December 3 in Burlington. Central & Main won in the category of New Green Construction.
FOR IMMEDIATE RELEASE
November 17, 2025
[West Rutland, Vermont] — Today, the West Rutland community celebrated the grand opening of Marble Village Apartments. Co-owners and co-developers, Cornerstone Housing Partners and Evernorth, partnered on Marble Village Apartments, which will provide essential housing for 24 low- and moderate-income households.
FOR IMMEDIATE RELEASE
September 24, 2025
[Shelburne, Vermont] – An effort years in the making culminated today in a ceremonial ribbon cutting ceremony in Shelburne, marking the transformation of a former motel which provided temporary housing for homeless Vermonters into a new neighborhood with affordable apartments and condominiums. Over a hundred people gathered to mark the occasion.
The new Bay Ridge neighborhood, developed by Champlain Housing Trust and Evernorth, includes 68 affordable apartments and 26 new affordable condominiums. All will become homes that will be affordable to generations of Shelburne residents – a hallmark of Vermont’s policy to safeguard taxpayer investment in affordable housing.
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.
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