Residents of Heritage Courts in Poultney are celebrating the recent renovation of their apartment complex. The $3.1 million project was managed by the Housing Trust of Rutland County, which owns the property. The project was funded in large part by VHFA, which awarded both state and federal tax credits as well as loans. This renovation allows Housing Trust of Rutland County to preserve 17 affordable apartments for seniors while significantly improving the energy-efficiency of the complex.
“We were pleased to be able to assist with the renovation,” remarked VHFA Deputy Director Maura Collins, who attended the project’s open house last week. “Modernization projects like this one are critical for preserving Vermont’s limited supply of affordable, rural rental housing.”
Renovations include a new heating system, improved insulation, replacement windows and doors, roof and siding replacement, and modernization of kitchens with new, energy-efficient appliances. In addition to improving the comfort and appearance of the units, the improvements are expected to yield a 45 percent reduction in operating costs.
The renovation will add a community room, accessible laundry facilities, and a community garden. Housing Trust of Rutland County will also offer SASH® (Support and Services at Home) resources to help residents maintain independence and quality of life.
This project also received funding from Vermont Housing and Conservation Board (VHCB), the National Housing Trust Fund, and the U.S. Department of Housing and Urban Development’s (HUD) HOME program.
Photo from Kate Barcellos, Rutland Herald. Pictured from left: Rosie McManus, resident; Katie Buckley, Commissioner of the VT Department of Housing and Development; Maura Collins, Deputy Director of the Vermont Housing Finance Agency.