News & Ideas

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.

Community Celebrates Groundbreaking of 24 Affordable Apartments in Downtown West Rutland 

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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Court Ruling Clears Way for Putney Housing Development to Move Forward 

FOR IMMEDIATE RELEASE
November 15, 2024

[Putney, VT] – The proposed housing community on Alice Holway Drive in Putney is cleared to move forward. That was the ruling from the Vermont Supreme Court on November 15, 2024, siding with Windham & Windsor Housing Trust, owner of the property.

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Data shows Chittenden County Not Meeting Housing Targets

FOR IMMEDIATE RELEASE:
October 28, 2024

Colchester, Vermont – At the site of a former dormitory converted into affordable apartments, housing leaders and local officials released the annual Building Homes Together campaign scorecard documenting the number of homes and apartments created throughout Chittenden County in 2023.

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Evernorth Welcomes Chief Financial Officer

We are pleased to announce that Rich Grogan has accepted the position as Evernorth’s Chief Financial Officer.

Rich has served as Executive Director of the Northern Border Regional Commission, driving economic and community development across Maine, New Hampshire, New York, and Vermont since 2019. He has also served in leadership roles at Community Capital of Vermont and the New Hampshire Small Business Development Center.

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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.

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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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Newly Renovated Millbrook Estates in Westbrook, Maine

At Evernorth, we believe in the power of adaptively reusing community assets to stretch the potential of investment dollars and enrich communities. A perfect example is the newly renovated Millbrook Estates in Westbrook, Maine, where 100 apartments have been transformed into more modern and comfortable homes for seniors. We are proud to have invested in these homes, along with many other similar homes across Maine.

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Former VFW to be Housing, Community Services with Assist from Senator Sanders

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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