Image courtesy of Neagly & Chase Construction Company.
*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 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 1/9/23 and 1/27/23 completion of thermal / acoustical insulation on floor 1 and garden level. Installation of mechanical room equipment. Drywall installation on floor 1 and garden level. Completion of electrical rough-in and restoration of permanent power. Completion of fire and finishing tape on floors 1 and 2. Painters will prime walls and ceilings on floors 2 and 3. Preparation for and installation of new flooring on floor 4. Installation of doors, cabinets, trim materials on floors 3 and 4. Installation of replacement windows, and continued exterior work. Temporary storage containers placed in the public lot adjacent to the jobsite. Generator, forklift, and man lift utilized outside on building. 15-20 workers on site daily. Impacts to Morrisville outside the construction site should be minimal and businesses adjacent to the construction site are open for business.
*FAQs: 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, plus Community National Bank to partially fund municipal parking lot redesign and expansion collaborative effort with 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 12 MONTH SUMMARY: During 2022, LHP's 300 unit apartment portfolio averaged 5 vacancies per month; the monthly applicant waitlist averaged 496 households.
*SUPPORT FUTURE AFFORDABLE HOUSING DEVELOPMENT: LHP is a 501c3 nonprofit affordable housing development organization. LHP’s affordable housing developments begin and gain traction with local fundraising, followed by federal and state resources that fund the lion’s share of a development’s overall budget. To support future affordable housing development in Hardwick and Lamoille County, consider donating 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.
