Housing Vermont, a nonprofit syndication and development company founded in 1988, creates permanently affordable rental housing and enables investments in economic and community development to benefit Vermonters through partnerships with local organizations, public agencies and the private sector.
This highly successful partnership has produced 5,120 affordable apartments in 171 developments. Housing Vermont has raised and deployed $333 million in private equity, which has leveraged an additional $435 million in private financing and public investment. Housing Vermont's New Markets Tax Credit program, Vermont Rural Ventures, has created favorable financing in excess of $117 million for 14 economic development projects in low income areas.
Brattleboro Celebrates Opening of Red Clover Commons
Four years of planning and 16 months of construction culminated in the May 25 open house celebration at Red Clover Commons, a 55-unit apartment building located in Brattleboro.