Vergennes Community Housing – Vergennes, Vermont
Located in Vergennes, Vermont, this beautiful new building provides 24 energy efficient, affordable family apartments within walking distance to the center of town and is well connected to local amenities including a grocery store, pharmacy, bank, schools, cultural activities and job opportunities.
Intensive focus on residents’ needs went into the design and the building features free Wifi, community gardens, a covered picnic pavilion, playground and ample green space, front and back porches, as well as a solar-powered electric vehicle charging station, indoor storage for bikes and other outdoor gear and a welcoming community lobby.
Evernorth’s energy services division helped to optimize building systems, ensuring efficiency, while maintaining costs and increasing equipment longevity.
Working in partnership with co-owner Addison County Community Trust, Evernorth was able to open the building despite the events of 2020 and was even able to mark the grand opening with a socially distanced celebration for the residents which included a food truck and live music.
Housing credit equity provided $4.3 million of the $7.2 million total development costs. Other sources of funds included Vermont’s Housing for All Revenue Bond, the Vermont Housing and Conservation Board, Vermont Agency of Commerce and Community Development, Vermont Housing Finance Agency, NBT Bank and Efficiency Vermont.