News & Ideas

Community, Development, Press Releases | 8/10/26

Community Celebrates Grand Opening of 30 Permanently Affordable Apartments in Rutland City

FOR IMMEDIATE RELEASE
August 6, 2026

[Rutland, VT] On August 6, the Rutland community celebrated the ribbon cutting of Maplewood Commons Apartments. Co-owners and co-developers Cornerstone Housing Partners and Evernorth partnered to develop Maplewood Commons Apartments, the new construction of 30 permanently affordable homes which provides essential housing and services for low- and moderate-income households near the city center of Rutland, Vermont.

Community, Development, Press Releases | 6/17/26

Evernorth Invests $9 Million to Redevelop Bangor Region YMCA

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.

Community, Development, Press Releases | 6/10/26

Community Celebrates Grand Opening of 26 Permanently Affordable Apartments in Heart of Downtown Waterbury

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.

Community, Development, Press Releases | 4/21/26

Evernorth Closes Housing New England, Fund VII

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.

Community, Development, Press Releases | 2/5/26

Evernorth Rural Ventures Invests $6.8 Million to Expand Trinity Jubilee Center Operations

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.

Community, Development, Press Releases | 2/3/26

Evernorth Rural Ventures Awarded $10.4 Million in New Markets Tax Credit Authority from the Finance Authority of Maine (FAME)

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.

Community, Development, Press Releases | 1/8/26

Evernorth Rural Ventures Awarded $70 Million in New Markets Tax Credits from U.S. Treasury Department

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.

Community, Development, Press Releases | 12/17/25

Central & Main Apartments Honored with Statewide Award for New Green Construction

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.

Community, Development, Press Releases | 11/17/25

Community Celebrates Ribbon Cutting of 24 Affordable Apartments in West Rutland

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.

Community, Development, Press Releases | 9/24/25

New Bay Ridge Neighborhood Celebrated in Shelburne, with Homes Affordable Forever

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.