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Housing Vermont
Hickory Street – Rutland, Vermont

In 2018 Housing Vermont and the Rutland Housing Authority completed the third phase of a 10 year plan to transform a decrepit public housing project known as Forest Park into a newly constructed neighborhood called Hickory Street. With the completion, we have truly erased the negative legacies of the former housing project. We removed obsolete buildings which contained asbestos, replaced crumbling infrastructure, and reconnected the property with the neighborhood.

Today, the Hickory Street neighborhood consists of 78 new mixed-income apartments in sixteen energy efficient buildings, a community center, completely new infrastructure, a new public road, and community gardens.

Housing credit equity provided $12.5 million of the 3 rd phase’s $22 million total development costs. Other sources of funds included the Vermont Housing and Conservation Board, Vermont Agency of Commerce and Community Development, the City of Rutland and Efficiency Vermont.