*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 November 4 and November 24 electricians, HVAC contractors, plumbers, and insulators will work on interior reconstruction of floors 1, 2, 3 and 4; includes completion of plumbing, installation of metal ductwork, tubs / showers, and thermal and acoustical insulation. Drywall contractors will work on floors 3 and 4 to hang and tape gypsum wall board. Electrical crews will work to restore permanent power throughout building including replacement of unit breaker panels and energizing of outlets. Sprinkler contractors on site to complete installation and activation of sprinkler system. As weather allows, painters will be on building exterior painting cement board siding where installed. Minor equipment utilized outside building including a generator, forklift, and man lift. 15-20 workers on site. During this time, impacts to Morrisville outside the construction site should be minimal and businesses adjacent to the 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 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 and TD Foundation to partially fund additional solar capacity.
*APPLY FOR HOUSING: LHP is accepting rental applications for Village Center Apartments and affordable housing developments in Hardwick and Lamoille County, apply online or call 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 had applied and were on the waitlist for an affordable home.
*SUPPORT AFFORDABLE HOUSING DEVELOPMENTS LIKE THIS: Lamoille Housing Partnership (LHP) is a 501c3 nonprofit affordable housing development organization. LHP’s affordable housing developments begin and gain traction with local level fundraising, followed by federal and state funding resources that fund the lion’s share of a development’s overall budget. To support future affordable housing developments in Hardwick and Lamoille County, consider making a donation 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 donor 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.