Evernorth Makes Multiple Investments in Westbrook, Maine Creating Over 200 Homes
Evernorth has invested in over 200 new affordable homes in Westbrook, Maine, all coming online this year.
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.
Evernorth Rural Ventures Closes $14.3 Million New Markets Tax Credit Investment to Create High Quality, Early Learning and Family Center
FOR IMMEDIATE RELEASE
September 17, 2024
[Springfield, MA] – Evernorth Rural Ventures, a subsidiary of Evernorth, is pleased to announce the closing of $14.3 million in New Markets Tax Credit (NMTC) allocation to create a larger, new state-of-the-art facility for Square One, a nonprofit early childhood education and care provider. The NMTC supports the construction of a new building dedicated to early learning classrooms and workforce development programming for families.
Construction Begins on the Roosevelt School Affordable Housing Project in Keene, New Hampshire
We are excited to share that construction is underway to convert the historic Roosevelt School in Keene, New Hampshire, into 30 new affordable homes. These homes are one step forward in addressing Keene’s housing shortage.
Evernorth Loan Fund Receives $10M Philanthropic Donation to Finance Affordable Housing
FOR IMMEDIATE RELEASE
September 6, 2024
[Burlington, VT] – Evernorth Loan Fund, a community development organization of Evernorth, is thrilled to announce a generous $10 million donation to support its efforts in financing affordable housing projects in Vermont. The donation comes from an anonymous Vermont philanthropic donor who shares Evernorth’s commitment to creating vibrant, healthy communities through the development of affordable housing.
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.
Former VFW to be Housing, Community Services with Assist from Senator Sanders
FOR IMMEDIATE RELEASE
August 16, 2024
[Burlington, VT] – United States Senator Bernie Sanders headlined a groundbreaking event today in Burlington marking the beginning of construction of 38 permanently affordable apartments, a new Veterans’ Center, and space for Burlington’s Community Justice Center.
Construction Underway on 30 New Affordable Apartments in Heart of Berlin’s New Town Center
FOR IMMEDIATE RELEASE
August 1, 2024
[Berlin, VT] – Today, the Berlin community marked the groundbreaking of Fox Run Apartments with a celebration. Co-owners and co-developers, Downstreet and Evernorth partnered to develop Fox Run Apartments which will provide essential housing for 30 low- and moderate-income households in Berlin.
Community Celebrates Opening of 16 Permanently Affordable Apartments for Families Exiting Homelessness in Downtown Burlington
FOR IMMEDIATE RELEASE
July 29, 2024
[Burlington, VT] COTS and Evernorth were joined by Senator Peter Welch, residents, funders, and community members on Monday to cut the ribbon on Main Street Family Housing, 16 permanently affordable homes for families formerly living in emergency shelters or motels.
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.
Developers, Officials Celebrate Groundbreaking for Bay Ridge, Shelburne’s Newest Neighborhood
FOR IMMEDIATE RELEASE
July 1, 2024
[Shelburne, VT] – Federal, State and local officials gathered today in Shelburne at the site of a former motel to announce the creation of a new neighborhood with nearly 100 permanently affordable homes and apartments. The new neighborhood, Bay Ridge, is being developed by Champlain Housing Trust in partnership with Evernorth.
White River Junction Celebrates the Grand Opening of 42 New Affordable Apartments
FOR IMMEDIATE RELEASE
June 26, 2024
[White River Junction, VT] Today, the White River Junction community celebrated the official grand opening of 42 new affordable apartments downtown with a ribbon cutting and an apartment tour. The apartments, named Riverwalk Apartments, were developed by DEW Braverman with an agreement to sell the building to Twin Pines Housing and Evernorth. The apartments will remain affordable forever.