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Transformation of Morrisville building into affordable apartments in the news

Posted by: Leslie Black-Plumeau on 8/11/2014

fox_storyDramatic renovations at the former Arthur’s Department Store in Morrisville were the subject of a Fox 44 story over the weekend.  The building is being converted from vacant, unused space into 18 units of affordable housing, thanks in large part to housing tax credit funding provided through VHFA.

Developers Housing Vermont and Lamoille Housing Partnership worked with VHFA and other Vermont organizations to secure the funds needed to ensure the long-term affordability and quality of the new apartments.  In addition to VHFA, funding sources include the Vermont Community Development Program, Vermont Housing and Conservation Board, federal HOME program, and historic tax credits and downtown tax credits.

Watch the Fox 44 story.