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:
December 8, 2021
[St. Johnsbury, VT] Evernorth, RuralEdge, New Depot Square Commercial Properties, LLC, funders, elected officials and community members were among those that celebrated the much-anticipated re-opening of New Avenue that is already bringing new life and vitality to downtown St. Johnsbury.
FOR IMMEDIATE RELEASE:
November 15, 2021
[Brattleboro, VT] The completion of the second phase of Red Clover Commons represents the culmination of an important community building effort begun 10 years ago when Tropical Storm Irene severely flooded the 80 apartments at Melrose Terrace, a public housing development in West Brattleboro. This second phase at Red Clover Commons is comprised of 18 newly constructed homes for former residents of Melrose Terrace. The 3-story, energy efficient building offers 17 one- bedroom apartments and one two-bedroom apartment and completes the Red Clover Neighborhood.
FOR IMMEDIATE RELEASE:
September 2, 2021
The U.S. Treasury Department announced on Wednesday that Evernorth Rural Ventures, a subsidiary of Evernorth, was awarded a $60 million allocation of New Markets Tax Credits (NMTC) to continue its successful economic development work in low-income areas.
FOR IMMEDIATE RELEASE:
August 20, 2021
Morrisville, VT – Lamoille Housing Partnership (LHP) and Evernorth are pleased to announce construction is underway on Village Center Apartments, 24 new energy-efficient affordable apartments for low and moderate income residents in the heart of downtown Morrisville.
FOR IMMEDIATE RELEASE:
August 11, 2021
White River Junction, VT – Wednesday morning brought together residents, funders, community members, local legislators and two affordable housing organizations to celebrate the completion of the second phase of Wentworth Community Housing, 17 mixed-income apartments in White River Junction and four new apartments located a few miles away in the Village of Wilder.
FOR IMMEDIATE RELEASE:
April 22, 2021
SAINT JOHNSBURY—Nearly one year into the substantial rehabilitation work on the former Depot Square Apartments, now known as New Avenue, the project has brought substantial changes to the building and to the community it will once again serve.
FOR IMMEDIATE RELEASE: April 1, 2021
[SPRINGFIELD, VT] The Springfield Housing Authority (SHA) and Evernorth are pleased to announce that the Woolson Block in downtown Springfield is fully occupied. The renovations returned the historic property to its prominent origins and will contribute to the economic vitality of downtown Springfield.
FOR IMMEDIATE RELEASE: February 25, 2021
On Monday, February 22, 2021, The U.S. Department of the Treasury’s Community Development Fund (CDFI Fund) awarded Evernorth $950,000 for the development of affordable housing in low income areas in New Hampshire and Maine.
With a prior $2M CMF award Housing Vermont (now part of Evernorth) financed over 900 units over the past five years. This new award will allow Evernorth to extend its financing program into New Hampshire and Maine where it has provided equity financing to 2,429 apartments in the past 5 years.
FOR IMMEDIATE RELEASE: February 19, 2021
Evernorth closed its second multi-investor fund – Housing New England, Fund II – on January 29, 2021. This fund will provide equity to finance affordable housing in Maine, New Hampshire and Vermont.
19 investors committed a total of $60.7 million in equity making Housing New England, Fund II (HNE Fund II) a significant financial resource for the region’s critical affordable housing needs.
[Lyndonville, VT] On Thursday, October 29, the Lyndonville community celebrated the official grand opening of Olivia Place with a socially-distanced Pumpkin Walk named in memory of Olivia Beleau. RuralEdge and Evernorth (formerly NNEHIF & Housing Vermont) partnered to develop these 20 thoughtfully designed, energy-efficient apartments in two newly constructed buildings and are co-owners of Olivia Place.
FOR IMMEDIATE RELEASE: October 5, 2020
Burlington, Vermont – The Building Homes Together Campaign, formed in 2016 to encourage production of housing in Chittenden County, released its annual progress report that showed continued overall success in new housing being created, but a persistent lack of affordable homes.
[Vergennes, VT] Today, the Vergennes community celebrated the official grand opening of Vergennes Community Apartments with socially-distanced property tours and live music. The Addison County Community Trust (ACCT) and Evernorth partnered to develop this highly energy-efficient, multi-family apartment building located on Armory Lane in close proximity to downtown Vergennes. The Vergennes Community Apartments are located … Continued
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