SAINT JOHNSBURY—On January 26th, the Vermont Housing and Conservation Board (VHCB) awarded RuralEdge $1.4 Million to acquire and rehabilitate two vacant properties in St. Johnsbury, 138 Cherry Street & 759 Railroad Street, into seven units of permanent affordable housing.

RuralEdge, the primary developer of affordable housing in the Northeast Kingdom of Vermont recently received a $10,000 donation from CATIC, a regional title insurance company which often provides title insurance to affordable housing projects. The donation is to assist RuralEdge in their efforts to help residents achieve and maintain homeownership in three of Vermont’s most rural counties.

RuralEdge was asked to testify to the impact of the New Avenue redevelopment on the St. Johnsbury community. Below is the transcript of testimony provided to the House General, Housing & Military Affairs Committee by Executive Director Patrick Shattuck