River Bend Apartments Project Update: 8/31/2022
SUMMARIZED PROJECT BACKGROUND: River Bend Apartments is a mix of new construction and rehabilitation of existing multifamily homes. The scope of work began under the direction of Graham Mink, who approached LHP with this "turnkey" opportunity to address the concerning lack of affordable housing opportunities in Stowe.
8/31/2022 UPDATE: Phase 2 of River Bend Apartments is underway! 5 existing apartments that have served the Stowe and Morrisville communities well over the years are under renovation. We're working with Millbrook Building & Remodeling and S2 Architecture on the design and renovation. As of late August, the Morrisville apartments on Hutchins Street are about ready for lease up. We are partnering with the United Way of Lamoille County to place families coming out of homelessness through the New Foundations Program. LHP is currently accepting rental applications for River Bend Apartments.
MORE INFORMATION: More information about the project including the number of apartments, monthly rental costs, future residents and project funding sources can be found HERE.