2011 Annual Report to the General Assembly - Vermont Housing ...
2011 Annual Report to the General Assembly - Vermont Housing ...
2011 Annual Report to the General Assembly - Vermont Housing ...
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AWARDS AND RECOGNITION<br />
• The State of <strong>Vermont</strong> HOME Program, administered<br />
by VHCB, won a HUD Doorknocker Award for<br />
capacity building among community-based, nonprofit<br />
housing development organizations.<br />
• LeadingAge, a national organization, honored<br />
Nancy Rockett Eldridge, executive direc<strong>to</strong>r of<br />
Ca<strong>the</strong>dral Square Corporation, for bringing people<br />
<strong>to</strong>ge<strong>the</strong>r <strong>to</strong> tackle <strong>the</strong> issues of affordable housing<br />
and health care and for her leadership in pioneering<br />
Support And Services at Home (SASH), a program<br />
linking housing and health care services.<br />
• The Champlain <strong>Housing</strong> Trust and <strong>the</strong> City of<br />
Burling<strong>to</strong>n won a HUD HOME Doorknocker Award<br />
for <strong>the</strong>ir model of sustainable, affordable housing<br />
at 88 King Street.<br />
• AIA VT awarded Duncan Wisniewski Architects<br />
and Naylor & Breen Builders with an Honorable<br />
Citation for Public <strong>Housing</strong> for Hickory Street<br />
in Rutland; Bob Duncan received <strong>the</strong> People’s<br />
Choice Award for Canal Street Veterans’ <strong>Housing</strong><br />
in Winooski.<br />
• Tom Bachman of Gossen Bachman Architects was<br />
honored by <strong>the</strong> Bos<strong>to</strong>n Society of Architects with<br />
<strong>the</strong> John M. Clancy Award for Socially Responsible<br />
<strong>Housing</strong> for Union Square Apartments in Windsor.<br />
Above: On North Avenue in Burling<strong>to</strong>n’s New<br />
North End, <strong>the</strong> Champlain <strong>Housing</strong> Trust and<br />
<strong>Housing</strong> <strong>Vermont</strong> are developing 33 new<br />
affordable homes for families as part of an<br />
infill development with senior and market rate<br />
housing. The $7.6 million development, which<br />
is close <strong>to</strong> services and served by public transportation,<br />
will have solar hot water and will be<br />
highly energy efficient.<br />
residential communities for seniors in Vergennes and Burling<strong>to</strong>n and for<br />
families in Newport, Essex, Burling<strong>to</strong>n, Benning<strong>to</strong>n and Guilford. Additionally,<br />
grants were provided <strong>to</strong> increase <strong>the</strong> energy efficiency in developments undergoing<br />
relatively minor rehabilitation.<br />
vhcb continued <strong>to</strong> support affordable homeownership both <strong>the</strong> through <strong>the</strong><br />
buyer-initiated Homeland Program as well as by subsidizing homes in condominium<br />
or subdivision developments. hud Economic Development Initiative<br />
funds were used <strong>to</strong> create a land bank <strong>to</strong> secure sites in prominent down<strong>to</strong>wn<br />
or village center locations for future development as affordable housing. The<br />
Board also awarded money <strong>to</strong> facilitate <strong>the</strong> acquisition of <strong>the</strong> assets of <strong>the</strong><br />
former Rockingham Area Community Land Trust by <strong>the</strong> Windham <strong>Housing</strong><br />
Trust, now known as <strong>the</strong> Windham & Windsor <strong>Housing</strong> Trust, as well as <strong>to</strong> help<br />
<strong>the</strong> state’s five homeownership centers provide assistance <strong>to</strong> <strong>Vermont</strong>ers who<br />
suffered significant damage <strong>to</strong> <strong>the</strong>ir homes from Tropical S<strong>to</strong>rm Irene.<br />
vhcb also continued <strong>to</strong> focus on increasing <strong>the</strong> energy efficiency of <strong>the</strong><br />
state’s non-profit owned affordable housing s<strong>to</strong>ck in order <strong>to</strong> position those<br />
properties for a sustainable future. A number of <strong>the</strong> activities in <strong>the</strong> MacArthur<br />
Foundation grant support <strong>the</strong>se efforts along with supplemental funds from<br />
<strong>the</strong> High Meadows Fund and <strong>the</strong> Doris Duke Charitable Foundation. Federal<br />
arra State Energy Program funding for 725 apartments in 88 buildings will<br />
result in energy savings averaging 37% and as high as 69% in some cases. The<br />
majority of <strong>the</strong>se retrofits include installation of solar domestic hot water and<br />
many include installation of more energy efficient mechanical systems as well<br />
as insulation and air sealing. arra State Energy Program funding across <strong>the</strong><br />
88 buildings will result in annual savings of over 2.3 million cubic feet of natural<br />
gas, over 100,000 gallons of oil or propane and approximately 485,000 kilowatt<br />
hours per year in electrical savings. In addition, on-site solar domestic hot water<br />
systems installed under this program will generate <strong>the</strong> equivalent of 350,000<br />
kilowatt hours per year of energy. All of <strong>the</strong>se projects were highly leveraged<br />
through successful partnerships with <strong>the</strong> <strong>Vermont</strong> Fuel Efficiency Program and<br />
regional wea<strong>the</strong>rization programs, with a dollar of funding from vhcb’s arra<br />
State Energy Program leveraging over $4 in o<strong>the</strong>r funding.<br />
vhcb-funded developments are located in all corners of <strong>the</strong> state, from<br />
Benning<strong>to</strong>n <strong>to</strong> St. Albans and from Guilford <strong>to</strong> Derby. In keeping with <strong>the</strong><br />
vhcb mission, nearly all are located in down<strong>to</strong>wn, village center or growth<br />
center locations, or create logical extensions of residential neighborhoods; many<br />
are in his<strong>to</strong>ric buildings.<br />
4<br />
Champlain <strong>Housing</strong> Trust pho<strong>to</strong>