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.
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20Dec
FOR IMMEDIATE RELEASE
December 16, 2022
[West Burke, VT] Evernorth and RuralEdge were joined by community members, funders and local elected officials on Friday afternoon to celebrate newly renovated buildings and significant progress to a newly constructed building on Burkeland Lane.
Burkeland Lane (formerly known as West Burke Housing and Pilgrim Manor) is a mixed-generation affordable housing property located in the heart of West Burke. West Burke village is a small, but thriving community fueled by tourism. The local rental market, like much of Vermont, has been affected by significant rent increases and the conversion of rental units into short-term rentals. These market realities make Burkeland Lane, which will remain permanently affordable, a critical community resource.
12Dec
FOR IMMEDIATE RELEASE
December 9, 2022
[Burlington, VT] The Committee on Temporary Shelter (COTS) and Evernorth were joined by Mayor Miro Weinberger, funders, and community members to mark the start of construction of deeply affordable housing for 16 families currently living in emergency shelters or motels.
The new multifamily apartment building, named Main Street Family Housing, is being constructed on existing COTS property, adjoining their Main Street Family Shelter.
“Evernorth is excited to be partnering with COTS on this critical downtown project, which not only creates sorely needed affordable housing, but also allows COTS to integrate its programs to better serve their clients,” said Evernorth Co-President Nancy Owens. “This affordable housing will provide a permanent benefit to the entire community.”
27Oct
FOR IMMEDIATE RELEASE
October 26, 2022
[Bristol, VT] Co-owners and developers, Addison County Community Trust (ACCT) and Evernorth, are pleased to announce that construction is underway at Firehouse Apartments which will serve 20 low and moderate income households in downtown Bristol.
The Firehouse Apartments represents a critical component of a public/private partnership bringing municipal services, business incubation, and mixed-income housing to the growing community of Bristol on the Stoney Hill property. This partnership between the Town of Bristol, private developers, and housing nonprofits ACCT and Evernorth leverages the investments in municipal infrastructure and job creation to serve 20 households in a community where there were previously only nine non age-restricted affordable housing apartments.
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