Next week, 38 people who are currently unhoused will start to move into new homes at Zephyr Place, a former hotel in Williston. And in a few months, an additional 34 affordable apartments will be ready in a second building at this same location. “We purchased this property one year ago and we are excited […]
An exciting day! Yesterday, CHT closed on the purchase of TownePlace Suites in Williston and plans to convert the hotel to 72 apartments affordable to people with a mix of incomes. The property was purchased from the Williston Inn Group, Inc. for $13,450,000. “We are looking forward to adding new affordable apartments to Williston and […]
August 16, 2021 Construction is underway on our newest Shared Equity housing development: Butternut Grove. Once completed, the project will add 20 three-bedroom affordable homes for sale on Malletts Bay Avenue in the “Onion City.” Butternut Grove adds a twist to already complex real estate development by employing New Market Tax Credits as part of […]
May 28, 2021 With the passage of a $7.3 billion budget for the State of Vermont, the Vermont Legislature appropriated $190 million in one-time funding from both State and Federal resources to address a variety of housing needs for struggling Vermonters. This allocation included $150 million allocated to Vermont by Congress through the American Rescue […]