Community Impact
CONTRIBUTING $4.6 MILLION ANNUALLY TO THE LOCAL ECONOMY
PAYING $355K ANNUALLY IN PROPERTY TAXES
$39.9 MILLION PORTFOLIO
- First property acquisition in 1991, continually operational for over 30 years
- Real estate assets in 8 communities including Rutland City, Poultney, West Rutland, Castleton, Fair Haven, Benson, Brandon and Ludlow
- Over 600 individuals including families with children, seniors, those with disabilities and those who were homeless or at risk of homelessness are housed in any given calendar year
- 60 buildings continually owned and operated including older houses, formerly abandoned schools and warehouses, and downtown buildings, and 3 mobile home parks
- 387 apartments under management (122 senior apartments, 210 for families, individuals or non-specified), and 55 mobile home lots with owner occupants
- Property management services focus on providing supportive housing with dignity and respect, and delivering services with an interest in promoting community health
- Resident Services Program offering free one on one support to residents to ensure they have the resources they need to remain successfully housed. This program is partially funded through a grant from the Bowse Health Trust.
- Services for seniors coordinated with their housing to enable them to live full lives independently in senior housing through the SASH program
- Real estate portfolio worth over $39.9 million managed locally; over $4.6 million contributed to the local economy annually (not including new development projects which can double this), including almost $355,000 in property taxes
- Project development continues with new properties in development or being considered for development in Rutland City and West Rutland
- Industry leader in the fields of energy efficiency in commercial residential construction, adaptive reuse of obsolete commercial buildings and asset management
- Local communities provided with technical assistance around housing and community development needs. To date: Rutland, Benson, Brandon, Castleton, Clarendon, Fair Haven, Mendon, Mount Holly, Poultney, Proctor, Rutland City, Tinmouth, Wallingford, and West Rutland
- Staffed with 18 full-time and 2 part-time employees, and lead by a 14-member Board of Directors