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 $1.5B 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, 2024
[Springfield, MA] - Evernorth Rural Ventures, a subsidiary of Evernorth, is pleased to announce the closing of $14.3 million in New Markets Tax Credit (NMTC) allocation to create a larger, new state-of-the-art facility for Square One, a nonprofit early childhood education and care provider. The NMTC supports the construction of a new building dedicated to early learning classrooms and workforce development programming for families.
9Sep
FOR IMMEDIATE RELEASE
September 6, 2024
[Burlington, VT] - Evernorth Loan Fund, a community development organization of Evernorth, is thrilled to announce a generous $10 million donation to support its efforts in financing affordable housing projects in Vermont. The donation comes from an anonymous Vermont philanthropic donor who shares Evernorth's commitment to creating vibrant, healthy communities through the development of affordable housing.
19Aug
FOR IMMEDIATE RELEASE
August 16, 2024
[Burlington, VT] - United States Senator Bernie Sanders headlined a groundbreaking event today in Burlington marking the beginning of construction of 38 permanently affordable apartments, a new Veterans’ Center, and space for Burlington’s Community Justice Center.
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