News

Harrington Village

Posted on Friday, April 04, 2014, by Jaclyn Marcotte

Now Accepting applications

BRAND NEW affordable apartments in Shelburne available for move-in August 2014.


Bright Street

All apartments feature

  • Heat & hot water, snow & trash removal included in rent

Select apartments feature

  • Covered parking with elevator service
  • Washer and dryer hook-ups or on-site laundry

Development Features

  • Walking distance to banking, shopping, schools, nature trails and museum.
  • Located just off Route 7 and the bus line
  • Playground on property 
  • Handicapped accessible units
  • Secure non-smoking buildings

Apartment sizes and approximate monthly charges (heat & hot water, snow & trash removal included) rents subject to change:

1BR apartments $625 to $950/month
2BR apartments $750 to $1,225/month
3BR apartments $865 to $1,450/month

Interested?

First step is to fill out an application or contact David Ellsworth-Keller at 861-7369 or e-mail at dellsworthkeller@getahome.org.

Harrington Village Application Harrington Village Application (407 KB)

Harrington Village Brochure Harrington Village Brochure (898 KB)

CHT & Saint Michaels College Agree to Land Transfer

Posted on Monday, July 08, 2013, by Jaclyn Marcotte

The Champlain Housing Trust and Saint Michael’s College announced today the sale of land currently leased to CHT along Route 15 in Colchester, Vermont. The parcel is home to Winchester Place, a mixed-income rental development with 166 apartments. The Champlain Housing Trust’s lease with the College was slated to expire in 2033, and this agreement preserves the affordability of the apartments on the site. The existing lease also made investment in the long term capital needs of the property difficult.

“The College’s understanding of our mission and commitment to avoid the displacement of low income households is greatly appreciated,” said Michael Monte, Chief Operating and Financial Officer of the Housing Trust. “We are very pleased to work with St. Mike’s on this transfer.”

In addition to securing the long term affordability of the apartments, another benefit to executing a sale now was to make refinancing and rehab work possible as needed in the coming years.

“We had no plans to sell this property, but when Champlain Housing Trust explained the importance of the sale transaction to the future of Winchester Place it made sense for the College to proceed,” said Neal Robinson, Vice President for Finance at Saint Michael's.

The leased parcel consists of 16.3 acres, and will be sold for $3.2 million. The 2-bedroom apartments have a range of rents from $725 to $1,050 per month. Fair Market Rent for a two-bedroom apartment in Chittenden County is $1,280, and renters are the second highest cost-burdened in New England.

New Housing Underway in Shelburne

Posted on Friday, June 28, 2013, by Jaclyn Marcotte

Thursday afternoon brought together scores of interested onlookers as three local nonprofit housing developers were joined by Vermont Governor Peter Shumlin to mark the beginning of construction of new housing in Shelburne village.

“After many years of planning and persistence, this new neighborhood in the heart of Shelburne will soon be a reality,” said Gov. Peter Shumlin. “Harrington Village brings together rental and single family homes for all ages and a variety of income levels in the village center, surrounded by open land and promoting smart downtown development with good quality of life for residents.”

The three nonprofits – Champlain Housing Trust, Housing Vermont and Cathedral Square – are collaborating to build a mixed-income, mixed-generation neighborhood of 82 new homes including 42 family apartments, 36 senior apartments and four affordable homes for sale. Construction is underway and occupancy of the family and senior rentals is expected in the summer of 2014; the for-sale homes will be available later.

“We are here today because committed citizens and local officials in Shelburne wanted to make sure that their community is inclusive for people of all incomes,” said Brenda Torpy, CEO of the Champlain Housing Trust. “I applaud that commitment, and we look forward to coming back here next summer to welcome the first people moving in.”

“We also appreciate the Town of Shelburne’s support for the new neighborhood we are creating,” added Kim Fitzgerald, Chief of Operations and Finance at Cathedral Square Corporation. “This development has so many wins – mixed income housing for seniors and families in a village location, construction jobs, and conservation of open space for the Town. Cathedral Square anticipates the Wright House senior housing to be leased up before the doors open next summer.”

Funding for the housing came from a variety of sources, including investments made by TD Bank and Enterprise Community Investment through a federal tax credit equity program. Grants from HUD-funded programs and USDA Rural Development were instrumental to the development, including support from NeighborWorks America, HOME and Community Development Block Grants (commonly known as CDBG). Support and financing also came from the Vermont Housing and Conservation Board, Vermont Housing Finance Agency, Vermont Community Development Program, Efficiency Vermont, Vermont Gas, the Town of Shelburne and proceeds from state tax credit. SCHIP’s Treasure Shop, a resale shop in the center of Shelburne, made an early grant in support of the predevelopment costs of the project.

“The vacancy rate for rental housing in suburban Chittenden County is currently less than one percent,” said Housing Vermont President Nancy Owens. “Clearly, there are many families and seniors who are looking for quality apartments at affordable rents in good locations. Harrington Village directly responds to those needs and we expect that demand will be strong,” Owens said.

Wright & Morrissey Inc. is the general contractor for both the senior and family housing, and Duncan Wisniewski Architecture is the project’s architect. The combined cost of the two rental developments is approximately $20 million.