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.
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.
Last week, RuralEdge purchased the Brightlook Apartments in an effort to preserve the affordability of 18 units of housing in St. Johnsbury with the assistance of funding from the Vermont Housing and Conservation Board and financing from the Vermont Community Loan Fund.
On Thursday, Governor Scott announced that RuralEdge, the premier developer of affordable housing in the Northeast Kingdom, was one of five organizations that received a $309,490 Community Development CARES Act Housing Stabilization Program award.
Happening at Passumpsic View Apartments on 9/22 The Darling Inn on 9/15, and West Burke Housing on 9/29 from 10:00 – 12:00.
RuralEdge sees the SASH Program as integral to its mission and has been seeking ways to expand its geographical reach, especially to rural Essex County. Thanks to the generosity of the Neil and Louise Tillotson Fund of the New Hampshire Charitable Foundation, RuralEdge received funding to bring SASH to Canaan for the next two years.
Nearly one year into the substantial rehabilitation work on the former Depot Square Apartments, now known as New Avenue, the project has brought substantial changes to the building and to the community it will once again serve.
RuralEdge has received a $45,000 Preservation Grant from the Freeman Foundation and the Preservation Trust of Vermont to continue repairs and upgrades to the Pierce Block in the heart of Barton.
Lyndonville Celebrates the Opening of 20 New Apartments
