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.
FOR IMMEDIATE RELEASE: February 25, 2021
On Monday, February 22, 2021, The U.S. Department of the Treasury’s Community Development Fund (CDFI Fund) awarded Evernorth $950,000 for the development of affordable housing in low income areas in New Hampshire and Maine.
With a prior $2M CMF award Housing Vermont (now part of Evernorth) financed over 900 units over the past five years. This new award will allow Evernorth to extend its financing program into New Hampshire and Maine where it has provided equity financing to 2,429 apartments in the past 5 years.
FOR IMMEDIATE RELEASE: February 19, 2021
Evernorth closed its second multi-investor fund - Housing New England, Fund II - on January 29, 2021. This fund will provide equity to finance affordable housing in Maine, New Hampshire and Vermont.
19 investors committed a total of $60.7 million in equity making Housing New England, Fund II (HNE Fund II) a significant financial resource for the region's critical affordable housing needs.
Resident Surveys and COVID Impacts
By Lindsay Thrall, Evernorth Connections Manager
Evernorth’s Connections Program and the Vermont Affordable Housing Coalition (VAHC) have begun a 6-month phone survey in an effort to understand the impacts of COVID on our Vermont communities and to amplify the voices of the people who rely on affordable housing.
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