Nothing illustrates the importance — and impact — of affordable housing and community development better than stories about the community itself. Learn about the people who develop and build the housing and the people who are built up because of it.
FOR IMMEDIATE RELEASE
June 6, 2025
[Hinesburg, Vermont] – This week, the Hinesburg community celebrated the official grand opening of Kelley’s Field II. Co-owners and co-developers, Evernorth and Cathedral Square are pleased to welcome adults 55 and older to the 24 new permanently affordable apartments in Hinesburg, Vermont.
FOR IMMEDIATE RELEASE
May 21, 2025
[Rutland, VT] Today, the Rutland community celebrated the groundbreaking of Maplewood Commons Apartments. Co-owners and co-developers Cornerstone Housing Partners and Evernorth have partnered to develop Maplewood Commons Apartments, the new construction of 30 permanently affordable homes in Rutland, Vermont.
FOR IMMEDIATE RELEASE
May 5, 2025
[Putney, VT] Today, the Putney community celebrated the groundbreaking of Alice Holway Drive Apartments. Co-owners and co-developers, Windham & Windsor Housing Trust (WWHT) and Evernorth partnered to develop these 25 newly constructed, highly energy-efficient, and permanently affordable apartments in Putney, Vermont.
FOR IMMEDIATE RELEASE
April 28, 2025
Colchester, Vermont – Champlain Housing Trust and Evernorth celebrated with community members, state officials, and public funders at Fort Ethan Allen in Colchester Monday, marking the completion of 65 new permanently affordable apartments. The apartments, across three buildings, were completed in phases over the past five months.
This week, a ribbon-cutting celebration was held at Picker House Lofts, marking a brand-new chapter for the historic Continental Mill on Cedar Street in Lewiston, Maine. This redevelopment has transformed the formerly vacant building into 72 homes, offering a mix of market-rate and income-restricted apartments to meet the growing housing needs in the community.
FOR IMMEDIATE RELEASE
March 25, 2025
Evernorth closed Housing New England, Fund VI on March 19, 2025. This fund will provide equity to finance affordable housing in Maine, New Hampshire, and Vermont.
16 investors committed a total of $64,250,000 in equity making Housing New England, Fund VI (HNE Fund VI) a significant financial resource for the region’s critical affordable housing needs. HNE Fund VI’s investors include community, regional and national banks as well as one of the nation’s largest mortgage banking organizations.
FOR IMMEDIATE RELEASE
March 17, 2025
[Barre, VT] Today a gathering of community members, funders, residents, state legislators, and others celebrated the official grand opening for the historic Ward 5 School Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing and Community Development partnered to redevelop the historic Ward 5 School into 9 new permanently affordable homes that are part of the larger Granite City Apartments project, which also includes 18 newly renovated apartments in two buildings on Bromur Street.
[Charlestown, NH] Evernorth Rural Ventures is pleased to announce New Markets Tax Credit (NMTC) financing in support of GreenSource Fabrication LLC, a subsidiary of Whelen Engineering Company, Inc.
The financing will support GreenSource’s manufacturing expansion located in Charlestown, New Hampshire.
FOR IMMEDIATE RELEASE
February 10, 2025
[Waterbury, VT] Today, the Waterbury community celebrated the groundbreaking of Marsh House Apartments. Co-owners and co-developers, Evernorth and Downstreet Housing and Community Development partnered on Marsh House Apartments which will provide essential housing for 26 low- and moderate-income households in Waterbury, Vermont.
FOR IMMEDIATE RELEASE
January 8, 2025
[St. Johnsbury, VT]—Evernorth Rural Ventures (ERV) is pleased to announce the closing of $15 million in its New Markets Tax Credit (NMTC) allocation for the substantial expansion and improvement of the Weidmann Electrical Technology, Inc. (“Weidmann”) manufacturing and technology plant in St. Johnsbury, Vermont.
The New Markets Tax Credit Coalition’s latest national report highlights three recent ERV investments – one in Maine, New Hampshire, and Vermont! Evernorth Rural Ventures (ERV) leverages its NMTC resources to invest in the economic and social well-being of communities. These critical NMTC investments support job creation, essential goods and services, and key community developments benefiting low-income people and communities.
FOR IMMEDIATE RELEASE
December 3, 2024
West Rutland, VT] – Today, the West Rutland community celebrated the groundbreaking of Marble Village Apartments. Co-owners and co-developers, The Housing Trust of Rutland County and Evernorth partnered on Marble Village Apartments which will provide essential housing for 24 low- and moderate-income households.
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