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.

U.S. Treasury Awards Evernorth $950,000 to Support Affordable Housing

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.

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Evernorth Closes Second Multi-Investor Fund

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.

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Evernorth Blog Post:

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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Lyndonville Celebrates the Opening of 20 New Apartments

[Lyndonville, VT] On Thursday, October 29, the Lyndonville community celebrated the official grand opening of Olivia Place with a socially-distanced Pumpkin Walk named in memory of Olivia Beleau. RuralEdge and Evernorth (formerly NNEHIF & Housing Vermont) partnered to develop these 20 thoughtfully designed, energy-efficient apartments in two newly constructed buildings and are co-owners of Olivia Place.

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Building Homes Together Campaign Releases Progress Report

FOR IMMEDIATE RELEASE: October 5, 2020

Burlington, Vermont – The Building Homes Together Campaign, formed in 2016 to encourage production of housing in Chittenden County, released its annual progress report that showed continued overall success in new housing being created, but a persistent lack of affordable homes.

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Vergennes Celebrates the Opening of 24 New Apartments near Downtown

[Vergennes, VT]  Today, the Vergennes community celebrated the official grand opening of Vergennes Community Apartments with socially-distanced property tours and live music. The Addison County Community Trust (ACCT) and Evernorth partnered to develop this highly energy-efficient, multi-family apartment building located on Armory Lane in close proximity to downtown Vergennes.  The Vergennes Community Apartments are located … Continued

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Column: How to Make a Housing Disaster Even Worse

This column was written by John Vogel and originally published by Valley News on September 10, 2020. John is a recently retired clinical professor from the Tuck School of Business at Dartmouth and is co-chair of the Evernorth Board of Directors.

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Housing Vermont merges with New England group

This article was written by Anne Galloway and originally published on July 30, 2020.

Housing Vermont is merging with a regional nonprofit group in order to expand access to capital for low-income housing, weatherization and economic development projects in rural areas across Vermont, New Hampshire and Maine.

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