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Home | Financing and Investing | New Markets Tax Credit Impact Report 2025

New Markets Tax Credit Impact Report 2025

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

17Jun

Evernorth Invests $9 Million to Redevelop Bangor Region YMCA

FOR IMMEDIATE RELEASE June 17, 2026 Bangor, Maine - Evernorth Rural Ventures closed a $9 million allocation of New Markets Tax Credits (NMTC) for the construction of a new 82,000 square foot community center for the Bangor Region YMCA. The new facility will significantly expand access to childcare, healthcare, youth programming, and wellness services, aligning with the city of Bangor’s downtown revitalization goals.

10Jun

Community Celebrates Grand Opening of 26 Permanently Affordable Apartments in Heart of Downtown Waterbury

FOR IMMEDIATE RELEASE June 3, 2026 [Waterbury, VT] Today, the Waterbury community cut the ribbon to celebrate the opening of Marsh House Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing & Community Development partnered on Marsh House Apartments which provides essential housing and services for 26 low- and moderate-income households in Waterbury, Vermont.

21Apr

Evernorth Closes Housing New England, Fund VII

FOR IMMEDIATE RELEASE April 21, 2026 Evernorth closed Housing New England, Fund VII on April 2, 2026. This fund is the second largest in Evernorth’s history, providing crucial equity financing to support the development and preservation of affordable housing across Maine, New Hampshire, and Vermont at a time when the need for housing has never been more urgent.

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