1. Vermont’s HOME Program Building Sustainable CHDO Capacity

2. Perpetual affordability No Displacement Build capacity; serve regions with high unemployment and low per capita income Partnership with conservation community State Trust Fund; CLT Model; Q.A.P. and Consolidated Plan Priorities State Housing Policy Environment Slide 2

3. outreach financial support and incentives training targeted technical assistance monitoring and evaluation troubleshooting and workouts, as necessary Components of VT’s CHDO capacity program: Slide 3

4. “VHCB, through its operating support grants and ongoing organizational monitoring, plays an important role in building and maintaining the capacity of individual nonprofits... ICF Report 2004: Slide 4

5. [VHCB’s] collaborative mentoring approach and flexible underwriting augmented with training and careful organizational monitoring has strengthened the nonprofit industry in Vermont appropriately.” Slide 5 ICF Report 2004:

6. CHDO projects in Vermont Slide 6 Vermont CHDOs have developed nearly 3,000 units of affordable housing (nearly 1,000 HOME units) in 70 towns ranging from Vermont’s largest city, Burlington, to very small towns, like Groton (population 953).

7. Groton Community Housing (before) Slide 7 In this small town, pop. 953 a major revitalization project, rehab and new construction, transformed the village center (before/during)..

8. Groton Community Housing (after) Slide 8 After: The general store, with apartments above and 3 business incubator spaces. 19 apartments; $204,200 HOME award.

9. Leveraging of HOME funds Slide 9

10. Groton Budget Slide 10

11. 1)Raising money locally; 2)Identify properties that are losing money or experiencing high vacancies; 3)Establishing organizational goals and objectives for: organizational planning staff/board relations personnel finance contract compliance technical operating systems project development property and asset management tenant relations community relations Examples of CHDO Operating grant requirements: Slide 11

12. Adaptive Re-use: Daly Shoe Building Slide 12 The Windham Housing Trust created 29 apartments in the Daly Shoe Building, a former warehouse. The energy efficient retrofit uses solar panels for domestic hot water.

13. Waterfront Housing, Burlington Slide 13 2005 Home Depot Award of Excellence for Affordable Housing Built Responsibly LEEDS certified: high efficiency building envelope; locally cut and milled flooring; state-of-the-art storm water runoff treatment system; advanced heating and cooling systems; direct line of sight to daylight for more than 90% of occupied space.

14. CHDO staff work one-on-one with VHCB staff on financial, personnel, development & administration; VHCB pays for consultants to work with CHDOs on specific issues; VHCB has sponsored 37 workshops developed in response to an annual survey of CHDOs VT provides a robust technical assistance program Slide 14

15. The Willard Mill (a former industrial building) City of St. Albans was converted to housing. Energy retrofit with interior foam insulation and aluminum clad windows. Energy performance will allow affordability at oil prices up to $6 a gallon. Slide 15

16. Bellows Falls Family Housing Slide 16 Energy use was cut in half after windows were replaced, solar panels for domestic hot water were installed, siding was removed and exterior rigid foam insulation added. The property will be able to maintain affordability at oil prices in the $5/gallon range.

17. 34 affordable apartments and commercial space developed by the Champlain Housing Trust after a fire. Park Place, Burlington Slide 17

18. 16 apartments developed by the Central Vermont Community Land Trust. On the ground floor is a branch of the local library; out back is a ballfield used by the Little League. Green Mountain Seminary Apts, Waterbury Slide 18

19. Infill Development: Passumpsic View Apartments (before) Slide 19 A huge void was left in the center of St. Johnsbury’s downtown when the prominent Daniel’s Block burned to the ground in January 2000. This picture shows the town band preparing to play at the groundbreaking celebration for Passumpsic View Apartments as a neighboring structure, damaged in the fire, looms in the background.

20. Infill Development: Passumpsic View Apartments (after) Slide 20 The newly constructed 4- story building includes 25 senior apartments with rental assistance and 2 commercial spaces along with a large community room.

21. Howard Block in Bellows Falls (pop. 3,165) After a fire, the brick apartment building was renovated with CDBG funds, VHCB grants and HOME funds to create 13 affordable apartments and 4 commercial spaces. Slide 21

22. rade grounds. Also on the site are rental apartments and housing for persons living with AIDS. Officers Row, Dalton Drive, Essex and Colchester Slide 22 Affordable duplexes with conserved parade grounds. Rental apartments and housing for persons living with HIV/AIDS are also on the site.

23. Cottage Street, Rutland (before) Slide 23 This building was demolished during a neighborhood revitalization project. Rehab and new construction created 27 apartments in 7 buildings, using $375,000 in HOME funding.

24. Cottage Street, Rutland (after) Slide 24 These two multi-family apartment buildings, designed to fit the style of the neighborhood, replaced the demolished buildings.

25. Tuttle Block, Rutland 13 affordable downtown apartments, 2 commercial spaces, and office space for the Housing Trust of Rutland County. Slide 25

26. Conant Square Apartments, Brandon Slide 26 4 HOME units in a 19-unit senior housing development - Housing Trust of Rutland County