VHFA supported the renovation and expansion of Bradley House in Brattleboro with the commitment of a $3.1 million construction loan and its staff was gratified to attended the project's ribbon-cutting ceremony Monday.
The development is a Level III Residential Care facility that serves seniors in need of a variety of services, and the expansion will increase the number of residents served from 28 to 35. The wonderfully elaborate building that will be renovated was built in the 1860s and an attached new wing will be added to allow this expansion. The facility is owned and run by Holton Home Inc. and is their second such property in Brattleboro.
Development services were provided by Cathedral Square Corporation and other new funding was committed by USDA Rural Development, Vermont Housing and Conservation Board, Vermont Community Development Program, Commons Energy, Efficiency Vermont, 3E Thermal, The Town of Brattleboro, Vermont Community Loan Fund and private fundraising. Brattleboro Savings and Loan has provided longstanding banking and financial services to Holton Home Inc. and were also key to helping achieve this objective.
Pictured: Cindy Reid, Cathedral Square Corporation, Governor Phil Scott and Cindy Jerome, Holton Home LLC.