Evernorth Rural Ventures Projects
Small businesses, schools, nonprofits, manufacturers, and more have benefitted from ERV financing. When organizations get the resources that they need to expand their capacity, employment increases and investments grow. Most importantly, the people of our communities are better served.
Evernorth is a nonprofit organization serving the low and moderate income people of Maine, New Hampshire and Vermont with affordable housing and community investments. Evernorth has raised and deployed over $1.6B in equity capital for affordable housing and built more than 17,000 affordable homes and apartments for low and moderate income people across northern New England.
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28Mar
This week, a ribbon-cutting celebration was held at Picker House Lofts, marking a brand-new chapter for the historic Continental Mill on Cedar Street in Lewiston, Maine. This redevelopment has transformed the formerly vacant building into 72 homes, offering a mix of market-rate and income-restricted apartments to meet the growing housing needs in the community.
25Mar
FOR IMMEDIATE RELEASE
March 25, 2025
Evernorth closed Housing New England, Fund VI on March 19, 2025. This fund will provide equity to finance affordable housing in Maine, New Hampshire, and Vermont.
16 investors committed a total of $64,250,000 in equity making Housing New England, Fund VI (HNE Fund VI) a significant financial resource for the region’s critical affordable housing needs. HNE Fund VI’s investors include community, regional and national banks as well as one of the nation’s largest mortgage banking organizations.
17Mar
FOR IMMEDIATE RELEASE
March 17, 2025
[Barre, VT] Today a gathering of community members, funders, residents, state legislators, and others celebrated the official grand opening for the historic Ward 5 School Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing and Community Development partnered to redevelop the historic Ward 5 School into 9 new permanently affordable homes that are part of the larger Granite City Apartments project, which also includes 18 newly renovated apartments in two buildings on Bromur Street.
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