VHFA News

By:
Leslie Black-Plumeau

Senator Bernie Sanders joined the Champlain Housing Trust (CHT) and Housing Vermont yesterday to celebrate the completion of thirty apartments in a single building located off Susie Wilson Road in the Town of Essex. Cedar’s Edge Apartments offers a mix of 24 two-bedroom and six one-bedroom apartments.

Senator Bernie Sanders noted that “at a time when many Vermonters are struggling economically, when affordable housing is very hard to come by in many Chittenden County towns, and when many families are spending fifty percent or more of their limited income on housing, this project is sorely needed."

The 3-story structure was constructed to meet the VHFA’s Green Standards for New Construction and incorporates spray-foam insulation, very efficient windows and highly efficient mechanical equipment. Other green materials will include low-VOC paints and adhesives and durable flooring materials.

Funding sources included a federal grant facilitated by Senator Sanders, the Vermont Housing and Conservation Board, the federal HOME program, the Essex VT Community Development Program, and state housing credits supplied through VHFA. 

Read the press release from Champlain Housing Trust, today's Burlington Free Press article, and coverage from WCAX.