New England Nonprofit Funds 10 Affordable Housing Projects, Five of Which Are in Maine
Evernorth, a nonprofit housing capital syndicate based in Portland, Maine, and Burlington, Vt., has closed its latest multi-investor fund of $61 million, which will provide equity to finance 10 housing projects in Maine, in addition to four in Vermont and one in New Hampshire. The organization serves low- and moderate-income people by advancing the development of affordable housing in the three states....
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Evernorth, a nonprofit housing capital syndicate based in Portland, Maine, and Burlington, Vt., has closed its latest multi-investor fund of $61 million, which will provide equity to finance 10 housing projects in Maine, in addition to four in Vermont and one in New Hampshire. The organization serves low- and moderate-income people by advancing the development of affordable housing in the three states....
