2011 Annual Report to the General Assembly - Vermont Housing ...

Housing Awards July 2010– December 2011
Twin Pines Housing Trust and
Housing Vermont
Graystone Village Energy Retrofit, Hartford.
$162,500 award for energy conservation
measures for 34 apartments. $150,000
HOME Program award.
Vermont Community Loan Fund
Organizational Development Grant.
$18,479 VHCB award for organizational
development costs. Total organizational
budget: $1,339,000
6
Hickory Street, Rutland
Completed last fall, the first phase
of this ambitious, $8.4 million
redevelopment of Forest Park, a
deteriorated 75-unit public housing
complex, resulted in 33 new, mixedincome
rental units. The complete
redesign of the development
entails demolition and rebuilding
of the entire complex. Extensive
site work includes new streets,
water, sewer, stormwater, utilities,
landscaping, lighting, parking,
sidewalks and greenspace. Once
complete, the new neighborhood
will comprise 78 new rental apartments,
9 homeownership units,
and a new community center, all
designed to integrate the property
into the surrounding neighborhood.
The project will make a critical
difference in the particular Rutland
neighborhood in which it is located
and in the lives of the low-income
households who reside there.
photo: Duncan Wisniewski Architecture
Rockingham Area Community Land Trust
and Housing Vermont
Black River Overlook, Ludlow, Vermont.
$434,000 VHCB award to refinance and
recapitalize a 25-unit apartment complex.
New wood pellet heating system, solar
collectors, insulation, kitchen and bathroom
improvements, additional wheelchair
accessibility, roofing, site drainage,
improvements to walkways, roadways,
and to the water system. Total redevelopment
costs: $4,902,509
Rutland Housing Authority and
Housing Vermont
Hickory Street, Phase I, Rutland. An
award of $500,000 federal HOME funds
for construction of 33 rental units. The
multi-phased project will redevelop
Forest Park, a deteriorated public housing
complex. $525,000 HUD EDI award. Total
development cost: $8,488,556
Hickory Street Phase II, Rutland City.
$1,114,000 federal NSP Program funds
for redevelopment of 20 apartments in a
multi-family development.
Twin Pines Housing Trust
Anna Pluhar, Hartford. $30,000 VHCB
award for energy efficiency upgrade.
Organizational Development Grant. $33,300
VHCB award for organizational development
costs. $20,373 federal CHDO award.
Total organizational budget: $1,724,865
Washington County
Mental Health Services
Sierra House, Barre. $90,000 VHCB
award for the purchase and rehabilitation
of 4 units of service-enriched transitional
housing for formerly homeless pregnant
and post-partum women in recovery
and their children. The program seeks to
increase long-term emotional health for
mother and child and to enhance selfsufficiency
and parenting skills. Total
development cost: $226,500
Windham & Windsor Housing Trust
Brattleboro Family Housing, Brattleboro.
$196,000 VHCB award to make energy
and capital improvements in 4 buildings
with 28 apartments at 11 & 15 Spring
Street, 135/137 Elliot Street, and 16-38
Valgar Street. Rehabilitation will include
new boilers and windows, solar hot water,
new kitchens and baths, exterior painting
and site work, and sprinkler systems at
the Elliot and Spring Streets properties.
$574,000 HOME program funds. $138,796
ARRA State Energy Program funds. Total
projects cost: $4,617,244
Algiers Village, Phase II, Guilford.
$425,000 VHCB award for acquisition,
construction, and related expenses to
develop 17 apartments in two buildings
on Guilford Center Road. $265,000
HOME Program award. Total development
costs: $4,369,030
WHT/RACLT project specific capacity
funding. $50,000 VHCB award to assist