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North Notes

North Notes Summer 2023 — Summer 2023

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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 $1.5B 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

1Mar

Evernorth Rural Ventures Closes $8.9 Million New Markets Tax Credit Investment to Expand Penobscot Community Health Care’s Seaport Community Health Center

FOR IMMEDIATE RELEASE February 29, 2024 [Belfast, ME] - Evernorth Rural Ventures, a subsidiary of Evernorth, is pleased to announce the closing of an $8.9 million New Markets Tax Credit (NMTC) investment for the expansion of Penobscot Community Health Care’s (PCHC) Seaport Community Health Center (SCHC) in Belfast, Maine. The NMTC financing is Evernorth Rural Ventures first investment in Maine and will allow SCHC to respond to a growing medically underserved population.

19Jan

Opinion: Kathy Beyer: The Raised Ranch

This commentary was written by Kathy Beyer and originally published by VT Digger on January 19, 2024. In 30 years of working in real estate development, I have never seen construction pricing or supply problems like we are experiencing now.

5Dec

Community Celebrates the Grand Opening of Affordable Apartments at Historic Tuttle Block in Downtown Rutland

FOR IMMEDIATE RELEASE December 5, 2023 [Rutland, Vermont] — On Tuesday, a gathering of community members, funders, residents, state legislators, and others celebrated the official grand opening for the newly renovated Tuttle Block Apartments, situated in the heart of downtown Rutland. Located right on Center Street, the historic building now offers a total of 16 affordable apartments, with the renovation of the 13 original apartments and the conversion of the second-floor office space into 3 new apartments.

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