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.
[Lewiston, Maine] – Evernorth Rural Ventures closed a $6.8 million allocation of New Markets Tax Credits (NMTCs) for the construction of a new 11,000 square foot facility to enhance and expand the Trinity Jubilee Center’s community impact. The new space will grow Jubilee’s ability to meet community needs for food and resource security, shower and laundry facilities, and other essential services, allowing Jubilee to serve more clients than ever before.
On January 29, the Finance Authority of Maine (FAME) announced Evernorth Rural Ventures (ERV), a subsidiary of Evernorth, was awarded a $10.4 million allocation of New Markets Tax Credits (NMTC) authority to continue its successful economic and community development investment in low-income and rural areas across Maine. FAME’s Maine New Markets Capital Investment Program is designed to stimulate private investment and spur job growth in rural and underserved areas of the state.