News & Ideas

Articles, Press Releases | 3/3/21

U.S. Treasury Awards Evernorth $950,000 to Support Affordable Housing

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.

Articles, Press Releases | 2/24/21

Evernorth Closes Second Multi-Investor Fund

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.

Articles, Press Releases | 10/13/20

Building Homes Together Campaign Releases Progress Report

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.