Village Center Apartments - Frequently Asked Questions

Where is it located? Hutchins Street in downtown Morrisville, in an unused infill lot adjacent to The Head Shed and Barbour Real Estate.

How many apartments are there? 24 units comprised of a mixture of studios, one, and two bedroom rental apartments.

Who will live there? Village Center Apartments is income eligible and designated for our community’s lower and moderate income earning residents. The future residents are people that we already live, work and play alongside everyday such as older Vermonters who receive Social Security Income and working Vermonters who earn between $12 to $15 per hour at fulltime employment.

Is the rent affordable? LHP will offer rents that range from $650 to $1,000 per month including heat and utilities. In comparison, a recent housing analysis of the Lamoille region found that fair market rents for similar types of apartments range from $1,000 to $1,400 per month and exclude heat and utilities.


Is Village Center Apartments funded by taxpayers? No, it is not. Like all of our affordable housing projects, Village Center Apartments funding comes from private investment through the Low Income Housing Tax Credit (LIHTC) program, as well as the Vermont Housing & Conservation Board, Vermont Community Development Program, LIHTC investors, and Vermont Housing Finance Agency. Additional funding came from Housing Ministries of New England and Community National Bank. Learn more about how our affordable housing projects are funded.

Where will the residents park? How will that impact the community? Village Center Apartments' future residents will park in the municipal parking lot across the street from the property, plus two parking spaces located on site are reserved for residents with ADA needs. In the fall, the municipal parking lot expansion and redesign project will be underway to increase the parking lot's current capacity by an additional 35 parking spaces; a portion of these will be available for car-owning Village Center Apartments residents. Based on LHP resident data, about 50% of our residents own a car; in this case, we estimate about 12 municipal parking lot spaces will be utilized by future Village Center Apartments residents. The municipal parking lot expansion and redesign project creates a twofold benefit shared by our entire community: it was key to adding 24 units of affordable rental housing to Morrisville, and contributes to Morrisville's vibrancy by increasing parking capacity for downtown businesses and outdoor recreation amenities.

Who is paying for the parking lot work? LHP and the Town of Morrisville worked together closely on the municipal parking lot expansion and redesign project, and are equally cost sharing the scope of work. As part of our continued commitment to the community, LHP reinvested funding that was generously provided by Community National Bank into the municipal parking lot, community shared infrastructure vital to downtown Morrisville's vibrancy and economy.

When will residents move into Village Center Apartments? Due to a fire that occurred on the jobsite in July 2022, the completion timeline has been extended to summer 2023.

Village Center Apartments Update: Weeks of 8/30/2021 - 9/12/2021.

VILLAGE CENTER APARTMENTS SUMMARY: Lamoille Housing Partnership (LHP) is began construction of Village Center Apartments the week of August 2nd, 2021. Located on Hutchins Street in downtown Morrisville, Village Center Apartments transforms an unused, infill lot into 24 units of income eligible, affordable rental apartments designated for our community’s lower and moderate income earning residents. The all electric building is comprised of a mixture of studios, one, and two bedroom rental apartments with monthly rental rates that will range from $650 to $1,000 including heat and utilities. After some delays, the project is slated to be completed and ready for move in in the summer of 2022.

3 WEEK COMMUNITY PROJECTION: Between the weeks of August 24th through September 12th, Neagly & Chase Construction's crews will begin sitework and excavation of the building’s foundation -  a jobsite trailer will be delivered on September 2nd, followed by installation of concrete rebar, forming and pouring of concrete footings and concrete walls, excavation of street level walls and footings, and installation of rigid insulation. Residents and business owners near the project’s Hutchins Street site can expect: construction machinery, increased truck traffic hauling excavated materials away from the site and new materials to the jobsite, tractor trailers delivering equipment and concrete shoring blocks, tri-axel dump trucks hauling materials, heavy equipment operating on excavation work, general earthwork noise, diesel engines operating, back up alarms and dump gates closing. 

VILLAGE CENTER APARTMENTS PROJECT / LHP ORGANIZATION CONTACT: Village Center Apartments inquiries and comments can be submitted to Kerrie Lohr, kerrie@lamoillehousing.org.

VILLAGE CENTER APARTMENTS FUNDING SOURCES: Vermont Housing & Conservation Board (VHCB,) Vermont Community Development Program (VCDP,) Low Income Housing Tax Credits (LIHTC,) LIHTC investors, Vermont Housing Finance Agency (VHFA,) and Housing Ministries of New England (HMNE.) Additional funding came from Community National Bank, to partially fund the municipal parking lot redesign and expansion collaboration effort with the Town of Morrisville. 

LEARN MORE: To learn more about Village Center Apartments and follow the project’s progress, visit https://www.lamoillehousing.org/village-center-apartments-blog and follow LHP on social media, @lamoillehousing. 

CALLING LOCAL BUSINESSES: Would you like to add your business to a local resource guide for distribution to Village Center Apartments project teams and crews? We expect about 10 - 30 employees per day who will be working at the downtown Morrisville job site throughout the duration of the project, and would love to connect these folks with fabulous local businesses that can meet their day to day needs! Add your business to the guide, here: https://forms.gle/wKvQh5oGkSv5jvFH7 

SUPPORT AFFORDABLE HOUSING PROJECTS LIKE THIS: If you would like to support this project and others like it, such as Arthur’s on Main and Lamoille View, make 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.

LAMOILLE HOUSING PARTNERSHIP MISSION STATEMENT: Lamoille Housing Partnership (LHP) develops, rehabilitates and maintains safe, decent, energy efficient affordable housing through rental, home ownership, or other means to low and moderate income persons and families living within Lamoille County and the Town of Hardwick. LHP provides such assistance without discrimination or prejudice using a combination of private and public funding partnerships. Visit our website to learn more about Lamoille Housing Partnership’s community role and impact, www.lamoillehousing.org. 


Construction Begins on New Affordable Housing in Downtown Morrisville

FOR IMMEDIATE RELEASE                                                                                  August 20, 2021 

Contact:   Kerrie Lohr, kerrie@lamoillehousing.org, (802) 888-5714 

                    Lisa Patlis, lpatlis@evernorthus.org, (802) 861-3814 

 

Construction Begins on New Affordable Housing in Downtown Morrisville 

Lamoille Housing Partnership (LHP) and Evernorth are pleased to announce construction is underway on Village Center Apartments, 24 new energy-efficient affordable apartments for low and moderate income residents in the heart of downtown Morrisville. 

“Village Center Apartments will reinvigorate Morrisville’s downtown, supporting the community’s continued success and vibrancy into the future. LHP, Evernorth and LHP’s board of trustees are extremely excited about this project,” says LHP Executive Director, Jim Lovinsky. “We believe that success starts at home, and Village Center Apartments creates opportunities for all community members to thrive.”   

 Co-owners LHP and Evernorth worked in partnership with Vermont Integrated Architecture and Neagley & Chase to design the building using an integrative process with a focus on resident well-being, environmental benefits, and cost-containment. The innovative design will use no fossil fuels, ensuring long term affordability and sustainability. 

 Evernorth and Lamoille Housing Partnerships have a successful history developing affordable housing together,” said, Kathy Beyer, Evernorth’s Senior Vice President for Development.  “In partnering on the development of Village Center Apartments, we believe we will improve the lives of the residents and strengthen the economy of Morrisville.” 

 The building, located on Hutchins Street, will be comprised of seven (7) studio apartments, thirteen (13) one-bedroom apartments and four (4) two-bedroom apartments. Amenities include covered bike storage, onsite laundry, community space and outdoor seating. Residents will have access to the community gardens and a range of recreational activities located at the Oxbow and Lamoille Valley Rail Trail, both less than 0.2 miles away. In collaboration with the Town of Morristown, parking will be provided in the municipal parking lot across the street, made possible by a donation from Community National Bank. 

 Monthly rental rates range from $650 to $1,000 including heat and utilities. According to the “Lamoille Housing Needs & Assessment Study,” a recent housing analysis of the Lamoille region, fair market rents for similar types of apartments range from $1,000 to $1,400 per month excluding heat and utilities.  

 Funding totaling $7.9 million from several public and private resources was raised to finance the total development costs. A significant piece of the funding came from the Low Income Housing Tax Credit allocated by the Vermont Housing Finance Agency, with Housing New England, Fund I as the investor. The Vermont Housing and Conservation Board provided over $2 million of the overall cost of the development, including funding from the Housing for All Revenue Bond and the federal HOME Program. Other sources of funds were provided by the Northwest Regional Planning Commission, Efficiency Vermont and Union Bank. In collaboration with the Town of Morristown, parking will be provided in the municipal parking lot across the street, made possible by a donation from Community National Bank. 

 Construction is expected to take 12 months. 

 

Please see video remarks below on the Village Center construction start from key project stakeholders: 

 

Lamoille Housing Partnership develops, rehabilitates, and maintains safe, decent, energy efficient affordable housing through rental, home ownership, and other means to low and moderate income persons and families living within Lamoille County and the Town of Hardwick. Additional community development projects are located in Stowe, Morrisville, Jeffersonville, Johnson, and Hardwick. Lamoille Housing Partnership provides such assistance without discrimination or prejudice, using a combination of private and public funding partnerships. Lamoille Housing Partnership is an IRS approved 501(c)(3) tax-exempt organization. Learn more at www.lamoillehousing.org.  

Evernorth is a nonprofit organization that provides affordable housing and community investments in Maine, New Hampshire and Vermont. In its combined history, Evernorth has raised and deployed over $1 billion in equity capital for affordable housing and built more than 13,000 affordable homes for low and moderate income people across northern New England. www.evernorthus.org 

Interview: Jim Lovinsky talks about Village Center Apartments

Huge thank you to Roland Lajoie for carving out some time on his morning broadcast to interview Jim Lovinsky, Lamoille Housing Partnership’s Executive Director.

Jim joins Roland via phone from Village Center Apartment’s job site to share information about the project’s scope of work, timeline, and impacts. If you missed it, give it a listen here!

Village Center Apartments Update: 8/2/2021 - 8/23/2021

  • VILLAGE CENTER APARTMENTS SUMMARY: Lamoille Housing Partnership (LHP) is beginning construction of Village Center Apartments the week of August 2nd, 2021. Located on Hutchins Street in downtown Morrisville, Village Center Apartments transforms an unused, infill lot into 24 units of income eligible, affordable rental apartments designated for our community’s lower and moderate income earning residents. The all electric building is comprised of a mixture of studios, one, and two bedroom rental apartments with monthly rental rates that will range from $650 to $1,000 including heat and utilities. After some delays, the project is slated to be completed and ready for move in in the summer of 2022.

  • 3 WEEK COMMUNITY PROJECTION: Between the weeks of August 2nd through August 23rd, Neagly & Chase Construction's crews will begin sitework and excavation of the building’s foundation. Residents and business owners near the project’s Hutchins Street site can expect: construction machinery, increased truck traffic hauling excavated materials away from the site and new materials to the jobsite, tractor trailers delivering equipment and concrete shoring blocks, tri-axel dump trucks hauling materials, heavy equipment operating on excavation work, general earthwork noise, diesel engines operating, back up alarms and dump gates closing. 

  • VILLAGE CENTER APARTMENTS PROJECT / LHP ORGANIZATION CONTACT: Village Center Apartments inquiries and comments can be submitted to Kerrie Lohr, kerrie@lamoillehousing.org.

  • VILLAGE CENTER APARTMENTS FUNDING SOURCES: Vermont Housing & Conservation Board (VHCB,) Vermont Community Development Program (VCDP,) Low Income Housing Tax Credits (LIHTC,) LIHTC investors, Vermont Housing Finance Agency (VHFA,) and Housing Ministries of New England (HMNE.) Additional funding came from Community National Bank, to partially fund the municipal parking lot redesign and expansion collaboration effort with the Town of Morrisville. 

Final Rendering: Village Center Apartments

vca rendering png.PNG

Comprised of a mixture of affordable studios, one and two bedroom rental apartments, Village Center Apartments are income eligible and designated for the community’s low and moderate-income residents. Located on Hutchins Street, the building design includes two staircases, an elevator, a common area with Wi-Fi, indoor bike storage and sidewalk bike racks. Standing at four stories, the upper level apartments and community sunroom afford views of the surrounding mountains. On site amenities include mail and laundry.

Monthly rental rates range from $650 to $1,000 including heat and utilities. According to the “Lamoille Housing Needs & Assessment Study,” a recent housing analysis of the Lamoille region, fair market rents for similar types of apartments range from $1,000 to $1,400 per month excluding heat and utilities.

SUPPORT THIS PROJECT and others like it, make a contribution to the Housing Opportunity Fund: https://www.lamoillehousing.org/donate-online

Village Center Apartments: Project Impact and More...

Village Center Apartments is coming to Morrisville! We are extremely excited about the opportunities and potential that this project will create both for the future residents and for the community at large.

From the communities’ perspective, new buildings and changes to downtown areas can look like a lot of moving and difficult pieces to understand… To help offer some transparency about the project details, below is a summary of Village Center Apartments’ Ground Scope, Community Needs, Downtown Impact, Funding Sources, and Community Impact.

For further questions, please contact Kerrie Lohr: kerrie@lamoillehousing.org. And, consider subscribing to our monthly e-newsletter for the latest updates!

Village Center Apartments: Ground Scope

1. Lot size. This lot has laid vacant since 1986, 35 years, with no interest in developing the property. The price is reasonable and anyone wanting it for a business could have purchased it at any time. In keeping with traditional development patterns, and the need for keeping our downtowns vibrant and relevant in the future, we believe that housing on this site is an appropriate and needed use. Zoning allows us to build out to the lot lines. We have chosen not to in order to fit better within the area. We have historical consultants that we work with to make sure that we are complying with state and Federal policies regarding Smart Growth, historical growth patterns, and the architecture of the area. Our development team of architects and engineers make every effort to comply with the local zoning by-laws as well, to ensure that we are constructing a building that will fit well within the surrounding area. At the same time, we take great pride in building a new, innovative, livable, and environmentally sound building that the community will be proud of for years to come. 

2. Parking. This project will not create a parking problem. Your town administrator and zoning administrator have worked hard to make sure there is adequate parking in the downtown, without parking meters, and they are proud of their work, and should be. Zoning by-laws allows for the municipal lot to be used to satisfy the parking requirement if the project is within 500 feet of the lot. This project clearly is. However, instead of just trying to make this the case, we worked side by side with the town to come up with a plan to improve and update the parking lot and add much needed spaces that will benefit everyone and every business in the immediate vicinity. The project even paid for the design services for the town. Thanks to the blessing of the select board the town and LHP will share the cost instead of expecting the town to do it all for us. The idea that the population we serve will have 2 cars per unit is just plain false. The average for our properties is 50%, or in this case only 12 vehicles. Many of our residents prefer a downtown location for the very reason that they do not need the burden of a vehicle.

3. Commercial space. Having done extensive market and housing research, and having many commercial spaces already in our portfolios, we believe that the need for housing units far exceeds any need for more commercial spaces. If this property were directly on Portland Street, like the Nepvue building, we would not ask for a waiver. However, on a side street it seems reasonable to us to ask for a waiver for the commercial space when housing is the priority. When we developed Arthurs we included 2 commercial units. One of them remained vacant for over two years in spite of offering great lease rates and generous help with fit up. During the last year many businesses, especially retail, restaurant and hospitality, have struggled with many closing their doors. We have had to work with all of our commercial residents to help them weather the difficulties that have been wrought by the pandemic, so we know from personal experience where the needs lie. We are happy to have Pizza on Main and Black Cap Coffee and Beer as our partners and will continue to do all we can to help them survive the pandemic. We simply see no need for another commercial space on this site when the need is clearly affordable housing.

4. Walkable community. There is really no need for anyone living at VCA to drive to the rail trail. Because Village Center Apartments is so close there is no reason for residents to drive to the rail trail, the Oxbow, community gardens, the movie theater, the bank, the schools or dining and shopping. Instead, they will be able to walk or bike to all of these downtown amenities. For a reasonable fee they can have a garden plot and grow their own food. They can attend concerts at the Oxbow and enjoy the company of friends and family. They can catch a bus for a doctor’s appointment or to go grocery shopping. 

5. ADA and access for people with disabilities. The primary make-up of our resident population consists of low wage workers, seniors, and persons with disabilities. We know a lot about accessibility. It is built in to every project we do. Not only do we build new, state of the art buildings incorporating Universal Design, adaptability and vistability, we also consult with our property managers to ensure we are meeting the needs of the community when it comes to providing enough ADA units for the overall population. Village Center Apartments is no exception to that philosophy. In addition to a reserved parking space on site, a simple call to the regional transit authority will result in a bus coming to the front door to pick up or deliver any person with a disability. Morrisville is not flat and was not designed for ease of movement for anyone with mobility issues. We design our buildings with those issues in mind and meet the highest standards of the laws regarding ADA issues. 

What else has changed over the past year that makes this project even more vital to Morristown?

1. Jobs. Many businesses are struggling and many people have lost their jobs. And while there has been a lot of new market rate housing constructed, these units do not meet the need of low-income seniors, workers, and the disabled including homeless families. In fact, income inequality had grown. The real estate market has exploded with out of staters buying property for high prices, sight unseen, pricing locals out of their own market areas and raising rents even further. 

2. Homelessness has not gone away. It has only been temporarily taken care of through hotel and motel stays. This is an expensive way to deal with housing. Permanent supportive housing is a real need that will be even more critical in the coming months when pandemic relief funds end. 

What’s in it for the taxpayers? Who funds this project?

It is important to understand that this is not a tax-funded project. The vast majority of the funds come from private investment through the low-income housing tax credit program. Vermont gets an annual allotment. If they are not used in Morrisville they will be used elsewhere in the state and Morrisville taxpayers will lose out. There are no local property taxes being invested in this project. 

1. Huge increase in property tax revenues. Consider the taxes collected over 35 years on a vacant lot as opposed to the property taxes that will be collected over the lifetime of this new building and what that will bring to the coffers of the town. These are real dollars. Over $11,000 per year.

2. This project will pay for half of the parking lot expansion and improvements, including the design services. That is money that local taxpayers don’t have to spend.

3. The entire town will benefit by having 24 new affordable homes for residents making between $12 and $15 per hour, with a quarter of the units up to $30 per hour. This means that many employees of local businesses will be able to live where they work. 

4. All of the properties in the area will benefit from improved property values. Morrisville will have a beautiful new building that will last and be maintained properly for generations to come. 

5. As evidenced by our Arthur’s on Main project, there was a renaissance that sparked a renewal on the entire street that is now a destination for people from around the area. This benefits all of the businesses in the area, and remade a block that was becoming an eye sore in the town. 

6. Having more people living downtown brings more money to downtown businesses.

7. Housing people where they can receive the services they need saves millions of taxpayer dollars per year in Medicare and Medicaid dollars. SASH alone saves thousands of Medicare dollars per person per year on hospital visits. A full third of our portfolio is senior subsidized housing. Many of our seniors report being homeless, and many would be homeless were it not for our subsidized units. 

8. Housing families who have been homeless saves costs of local sheltering as well as hospital and emergency room visits. Hotel stays during the pandemic are costing millions.

9. People living in downtown settings where they can access what they need can get by without a vehicle, saving them from the financial stress that comes along with it. Many low wage workers who have to drive to work are one breakdown away from loss of job and their housing because of it. Every successful person is a success for the community as a whole, saving taxpayer dollars. 

10. Lower carbon footprint benefits us all. This building will use no carbon fuels. Couple that with fewer vehicles and it will reduce the amount of pollutants produced in the downtown providing a healthier environment for all of the people in the surrounding area, reducing health care costs on related health conditions. 

11. Site environmental cleanup work will be done as part of the project to remove harmful lead and other contaminants left over from the fire from years ago. Whenever lead is removed from a site it removes a potential hazard for children. Local taxpayers do not have to pay for this service. 

12. Meeting the needs of our residents helps grow a more inclusive and health community. Whether helping a widow find a new home, a grocery clerk can stretch his paycheck, or someone’s disabled family member to live on their own terms helps us meet our mission to build community one resident at a time. Many of the population we serve: seniors, low income wage earners, and people with disabilities; benefit greatly by living and working in downtown communities where they can easily access whatever they need. Living in a downtown relieves them of the burden of having to own a vehicle and walking tends to increase healthy living habits and decrease isolation and loneliness.

Lamoille Housing Partnership Proposes New Community Development Project

Village Center Apartments rendering, courtesy of Vermont Integrated Architecture.

Village Center Apartments rendering, courtesy of Vermont Integrated Architecture.

Morrisville, VT - Nonprofit affordable housing developers Lamoille Housing Partnership (LHP) and Housing Vermont (HVT) have proposed development of a new construction project in Morrisville. Village Center Apartments will create 22 brand new affordable rental apartments for low and moderate-income residents on a previously unused in-fill lot in the heart of the downtown.

“Village Center Apartments will reinvigorate Morrisville’s downtown, supporting the community’s continued success and vibrancy into the future. LHP, HVT and LHP’s board of trustees are extremely excited about this project,” says Jim Lovinsky, Executive Director of Lamoille Housing Partnership. “We believe that success starts at home, and Village Center Apartments creates opportunities for all community members to thrive.”

Housing Vermont and Lamoille Housing Partnership have a successful history developing affordable housing together,” said Nancy Owens, President of Housing Vermont.  “In partnering on the development of Village Center Apartments, we believe we will improve the lives of the residents and strengthen the economy of Morrisville.”

Comprised of a mixture of affordable studios, one and two bedroom rental apartments, Village Center Apartments are income eligible and designated for the community’s low and moderate-income residents. Located on Hutchins Street, the building design includes two staircases, an elevator, a common area with Wi-Fi, indoor bike storage and sidewalk bike racks. Standing at four stories, the upper level apartments and community sunroom afford views of the surrounding mountains. On site amenities include mail and laundry.

Monthly rental rates range from $650 to $1,000 including heat and utilities. According to the “Lamoille Housing Needs & Assessment Study,” a recent housing analysis of the Lamoille region, fair market rents for similar types of apartments range from $1,000 to $1,400 per month excluding heat and utilities.

Recent zoning changes enacted by the Town of Morrisville opened up the possibility for the affordable housing development duo to transform the unused lot into apartments. “These zoning changes are a win for affordable housing, downtown development, and inclusive communities,” says Lovinsky. Acknowledging that the project includes some challenges, such as the small and steep nature of the site, and soil remediation to clean up past fire damage, Lovinsky is unphased.

“Far outweighing the development challenges are the many opportunities and multitude of benefits shared by our residents and the larger community,” says Lovinsky. “The site’s central location reduces transportation barriers, because of downtown Morrisville’s walkable nature, as well as proximity to public transportation.” He opines that Village Center Apartments’ residents may not need to own a vehicle and bear the associated costs. “Residents will have increased access to important local resources including human service agencies, Copley Hospital, and the library, as well as grocery stores, local schools and jobs, and all that the downtown has to offer. Opportunities for outdoor recreation and the arts are right around the corner with valuable community assets such as Lamoille Valley Rail Trail, Oxbow Park and River Arts.”

The project has garnered community support from State Representative Dave Yacovone and Clarina Howard Nichols Center (CHNC) Executive Director, Becky Gonyea.

“What a win-win project this is! Not only will it improve our village but it will help our neighbors in need with affordable housing,” says Yacovone.

Gonyea says her organization has experienced “an increase in calls from individuals who are in unsafe, shared living situations due to the lack of safe, affordable housing in the area.” She adds, “many homeless households receiving housing vouchers cannot find a unit that meets the voucher requirements due to high rents and substandard conditions.”

The building’s design team includes Housing Vermont, Vermont Integrated Architects, Neagly & Chase Construction Company, Engineering Ventures, Vermont Energy Investment Corporation, Engineering Services of Vermont, and Stowe-based Mumley Engineering Incorporated.

Village Center Apartments is currently phasing from schematic design towards finalizing cost estimation. Anticipated funding sources include Vermont Housing & Conservation Board (VHCB,) Vermont Community Development Program (VCDP,) Low Income Housing Tax Credits (LIHTC,) LIHTC investors, Vermont Housing Finance Agency (VHFA,) and Housing Ministries of New England (HMNE.) Notably, a significant portion of the funding comes from the $37 million housing bond, passed by the Vermont Legislature in 2017.

“In the past 28 years, LHP has invested more than $50 million dollars in community development projects across Lamoille County and Hardwick, resulting in the addition of 281 affordable rental apartments including projects such as Arthur’s on Main and Lamoille View in Morrisville, and Sylvan Woods in Stowe,” says Lovinsky. The nonprofit’s housing portfolio also includes affordable housing sites in Jeffersonville, Johnson, and Hardwick.

LHP expects to break ground on Village Center Apartments in October 2020, with residents moved in by the following year. “We’re eager to share news and information about Village Center Apartments, and invite the community to join us for a cup of coffee at our upcoming Open House,” says Lovinsky. LHP’s Open House happens December 4th from 7am – 9am at Black Cap Coffee & Beer in downtown Morrisville. Open House details available at www.lamoillehousing.org/events or by emailing LHP’s Public Relations Manager, Kerrie Lohr, kerrie@lamoillehousing.org

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Lamoille Housing Partnership develops, rehabilitates, and maintains safe, decent, energy efficient affordable housing through rental, home ownership, and other means to low and moderate-income persons and families living within Lamoille County and the Town of Hardwick. Additional community development projects are located in Stowe, Morrisville, Jeffersonville, Johnson, and Hardwick. Lamoille Housing Partnership provides such assistance without discrimination or prejudice, using a combination of private and public funding partnerships. Lamoille Housing Partnership is an IRS approved 501(c)(3) tax-exempt organization. Learn more at www.lamoillehousing.org.

Housing Vermont is a private, nonprofit development company founded in 1988 to produce permanently affordable rental housing for Vermonters through partnerships with communities and the private sector. Since its inception, Housing Vermont has raised more than $360 million in private equity to finance 180 affordable rental housing developments throughout the State.  This equity has leveraged an additional $470 million in private financing and public investment.  The 6,000 apartments created or renovated in these efforts serve low and moderate income Vermonters including seniors and those with special needs. Housing Vermont's New Markets Tax Credit program, Vermont Rural Ventures, has created favorable financing in excess of $163 million for 19 economic development projects in low-income areas.  Housing Vermont is an active member of the National Association of State and Local Equity Funds (NASLEF).  www.housingvermont.org