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Home | Financing and Investing | New Market Tax Credit Impact Report 2022

New Market Tax Credit Impact Report 2022

About Evernorth

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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Latest News

3Oct

Opinion: Kathy Beyer: The permit appeal process in Vermont needs to change

This commentary was written by Kathy Beyer and originally published by VT Digger on October 3, 2024. Unfortunately, Act 181 did nothing about the length of the appeal process in Vermont.

17Sep

Evernorth Rural Ventures Closes $14.3 Million New Markets Tax Credit Investment to Create High Quality, Early Learning and Family Center

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

Evernorth Loan Fund Receives $10M Philanthropic Donation to Finance Affordable Housing

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.

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