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Construction begins on new affordable housing in downtown Morrisville

Construction begins on new affordable housing in downtown Morrisville
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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News in Brief February 2021 | Vermont Business Magazine

News in Brief February 2021 | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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Vermont State Colleges Trustees approve consolidation, campuses to stay open
The Vermont State College System Board of Trustees have voted to move forward with the proposal outlined by the state’s Select Committee on the Future of Public Higher Education in Vermont. The proposal will unify the three residential colleges, Castleton University, Northern Vermont University, and Vermont Technical College, under a common accreditation in Academic Year 2023-2024 while maintaining the Community College of Vermont as a separate institution. Additionally, the system will streamline services across the institutions through significant administrative consolidation. The board said it is committed to maintaining the current campus locations. A single president of the consolidated colleges would take over by January 2022. ....

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Skowhegan Savings invests $750K in affordable housing fund

By Staff
Skowhegan Savings Bank has invested $750,000 to support development of affordable housing in northern New England, and is one of 19 investors that committed $60.7 million in equity to the second Housing New England Fund.
The fund, run by the nonprofit organization Evernorth, will be a significant financial resource for the region’s critical affordable housing needs, the bank said in a news release.
Evernorth has offices in Portland and in Burlington, Vt.
“We realize the need for affordable housing in Maine remains strong,” said Rich St. Pierre, chief financial officer of Skowhegan Savings Bank. “This program not only creates affordable housing for Mainers but also provides job retention and creation in the management and development of these properties.” ....

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$60.7 million fund provides equity financing for affordable housing in ME, NH and Vermont

$60.7 million fund provides equity financing for affordable housing in ME, NH and Vermont
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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