Village Center Apartments Update: 10/17/2022 - 11/4/2022
*VILLAGE CENTER APARTMENTS SUMMARY: Located on Hutchins Street in Morrisville, Village Center Apartments repurposes an unused, infill lot into 24 income eligible, affordable rental apartments for lower and moderate income earning households. The all-electric building is a mix of studios, one, and two bedroom rental apartments with monthly rates affordably proportionate to resident income ranging from $650 - $1,000 including heat and utilities.
*3 WEEK COMMUNITY PROJECTION: Between October 17 and November 4, ice blasting and soot mitigation work will be completed in the origin room. Electricians, HVAC contractors, plumbers, and insulators will be working on reconstruction inside the building of floors 1, 2, 3 and 4. Drywall contractors will be working on floors 3 and 4. Electrical crews will be working to restore permanent power to the building. Siding crews will continue to work to complete the installation of the metal panel and cement board siding. The exterior building mounted dragon sculpture will be installed. Minor equipment will be utilized outside the building including a generator, forklift, and man lift. 15-20 workers on site on a given day. During this time, impacts to Morrisville outside the construction site should be minimal. Businesses directly adjacent to the Hutchins Street construction site are open for business.
*FREQUENTLY ASKED QUESTIONS: Who will live here? Where will the residents park? Is this a taxpayer funded project? Learn more on the Village Center Apartments FAQ page: https://www.lamoillehousing.org/village-center-apartments-blog/village-center-apartments-frequently-asked-questions
*VILLAGE CENTER APARTMENTS FUNDING SOURCES: State and federal grant and program funding from Vermont Housing & Conservation Board, Vermont Community Development Program, Low Income Housing Tax Credits, LIHTC investors, Vermont Housing Finance Agency, and Housing Ministries of New England. Additional funding came from local individual and business donors to Lamoille Housing Partnership's (LHP) Housing Opportunity Fund, as well as Community National Bank to partially fund municipal parking lot redesign and expansion collaborative effort with the Town of Morrisville, and NorthCountry Federal Credit Union to partially fund additional solar capacity.
*APPLY FOR HOUSING: LHP is accepting rental applications for Village Center Apartments and other affordable housing developments in Hardwick and Lamoille County, apply on our website or call our office to request an application: https://www.lamoillehousing.org/apply-for-housing, (802) 888 - 5714.
*LHP VACANCY AND WAITLIST UPDATE: Last month, LHP's 300 unit apartment portfolio had just one vacancy; 450+ households were on LHP's waitlist seeking a long term, affordable rental home.
*SUPPORT AFFORDABLE HOUSING DEVELOPMENTS LIKE THIS: Lamoille Housing Partnership (LHP) is a 501c3 nonprofit affordable housing development organization. In addition to federal and state funding sources, LHP’s affordable housing and community development projects rely on fundraising and philanthropy. To support Village Center Apartments and future affordable housing developments in Hardwick and Lamoille County, consider making a contribution to LHP’s Housing Opportunity Fund: https://www.lamoillehousing.org/donate-online or contact Kerrie Lohr to learn about gift impact and giving options: kerrie@lamoillehousing.org, (802) 888-5714. Examples of support can be viewed in our development portfolio: https://www.lamoillehousing.org/our-affordable-housing-projects.
Lamoille Housing Partnership (LHP) collaborates with communities to create and preserve quality affordable housing opportunities for lower and moderate income earning households in Hardwick and Lamoille County. Since 1991, the nonprofit organization has developed more than 300 income eligible, affordable rental homes. Learn more at www.lamoillehousing.org.