When we build and invest in quality homes for individuals and families, we create thriving communities. That’s why for the last 30 years, we have developed and financed environmentally, socially and economically responsible projects for low and moderate income people across northern New England.
Evernorth Connections launched in January 2016. The goal of the Connections program is to improve the lives of affordable housing residents through initiatives to address food security, broadband access, and community-building, among others. The Connections program places residents at the center of our decision making by engaging them in conversations and with surveys to hear directly from them about their challenges and successes. We share the information gathered with housing and social service partners to better tailor our services to the distinct needs of each community. Our goal is to work with partners to bring these services to residents across all of northern New England.
Evernorth has a long combined history of strengthening communities in ways that benefit low and moderate income people, other nonprofit organizations and the environment. Thank you to our many investors, supporters and our talented and committed colleagues from across the region!
Evernorth closed its third multi-investor fund – Housing New England, Fund III – on March 4, 2022. This fund will provide equity to finance affordable housing in Maine, New Hampshire and Vermont.
21 investors committed a total of $82.5 million in equity making Housing New England, Fund III (HNE Fund III) a significant financial resource for the region’s critical affordable housing needs. HNE Fund III’s investors include community, regional and national banks as well as one of the nation’s largest mortgage banking organizations.
Burlington, Vermont – This morning the Building Homes Together campaign launched its second five year targets for making Chittenden County’s housing market healthier, more equitable, and more affordable. Supported by over 125 local leaders, the campaign’s goals include creating 5,000 new homes, with 1,250 permanently affordable, over the next five years. The new homes would include a combination of new rental and homeownership development.
[St. Johnsbury, VT] Evernorth, RuralEdge, New Depot Square Commercial Properties, LLC, funders, elected officials and community members were among those that celebrated the much-anticipated re-opening of New Avenue that is already bringing new life and vitality to downtown St. Johnsbury.