Connections: March 2024 - 6

Community
support
Dartmouth Health is making
a difference through
community investment
Dartmouth Health is not only an
important regional employer, we
also invest in the communities we
serve in meaningful ways. These
investments are having a significant
impact on issues that affect all of us-
like housing, homelessness, food
insecurity and public health. Here
are some recent examples of how
Dartmouth Health is supporting
our communities.
Riverwalk Apartments in
White River Junction will
include 42 units and is
expected to be completed
this spring. It will include
8 units covered by ProjectBased
Vouchers (PBV), with
4 vouchers administered by
the Vermont State Housing
Authority for individuals
experiencing homelessness.
The Upper Valley Loan Fund
has committed $1.95 million
in permanent financing.
An artists' rendition of
a new housing project
in Windsor, Vt., that will
include 25 units. It is one
of many projects planned
by the Upper Valley Loan
Fund to increase housing
in the region. Dartmouth
Health is a contributor to
the fund along with other
local partners.
Increasing housing
The $9.5 million Upper Valley Loan Fund was incubated
by Dartmouth Health and Mascoma Bank, with the help
and support of other local businesses. Dartmouth Health
has committed $3 million to this loan, which is managed by
Evernorth, a development firm in Burlington, Vt., that specializes
in affordable housing in the region. The fund has now made
4 commitments totaling $3.7 million for 4 different housing
projects in White River Junction, Vt., Windsor, Vt., and New
London, NH. These projects will create 192 apartments in the
Upper Valley region, 169 of which will be affordable to those with
incomes below 80% of the average median income (AMI), 53
units will be affordable to households below 50% of AMI, and 22
units will be affordable to households above 80% of AMI.
Empowering homeowners
In 2023, Dartmouth Health became New Hampshire
Community Loan Fund's largest in-state investor, contributing
a combined $5 million to support affordable, safe housing.
The Community Loan Fund provides financing and education
to help homeowners in manufactured-home communities
purchase and run their parks as resident-owned communities
(ROCs). It also offers fair, 30-year, fixed-rate manufactured-home
Connections: March 2024

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