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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17Sep
FOR IMMEDIATE RELEASE
September 17, 2026
Irving Forest Products, Inc., a subsidiary of J.D. Irving, Limited,is undertaking a modernization project to expand its Ashland Sawmill in Nashville Plantation, Maine. The project will increase production while building on the mill’s history of contributing to the economic resiliency of the Aroostook community.
When complete, the project will double the facility’s annual lumber production capacity from 130 million to 250 million board feet while strengthening its role as a leading manufacturer of dimensional lumber. The project is expected to create and retain the equivalent of 220 permanent, full-time jobs while supporting upstream workers, including foresters and loggers throughout the region. All jobs provide a full benefits package and pay at or above a living wage for Aroostook County.
4Sep
FOR IMMEDIATE RELEASE
September 4, 2026
[Burlington, VT] Senator Bernie Sanders headlined a ribbon cutting event on marking the completion of 38 permanently affordable apartments, a new Veterans’ Center, and space for the Chittenden County Community Justice Center. The Howard Plant VFW Post 782 sold the building to the Champlain Housing Trust to make way for the new development and will operate out of the building. Evernorth was a co-developer of the building.
10Aug
FOR IMMEDIATE RELEASE
August 6, 2026
[Rutland, VT] On August 6, the Rutland community celebrated the ribbon cutting of Maplewood Commons Apartments. Co-owners and co-developers Cornerstone Housing Partners and Evernorth partnered to develop Maplewood Commons Apartments, the new construction of 30 permanently affordable homes which provides essential housing and services for low- and moderate-income households near the city center of Rutland, Vermont.
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