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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5Feb
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.
3Feb
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.
23Jan
A closer look at Vermont’s widening gap between wages and housing Wage Growth Doesn’t Equal Affordability At first glance, Vermont’s economy looks healthy. Wages are rising, unemployment is low, and many local businesses report strong demand. For a moment, it seems like good news all around. But look closer, and you’ll see a different picture. While some Vermonters are doing …
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