Champlain Housing Trust has exceed the 15 percent goal of housing formerly homeless people in their portfolio. CHT now houses 255 formerly homeless households in the 1,640 apartments in its portfolio:
The Champlain Housing Trust announced today it had exceeded a benchmark set by Governor Shumlin to house more people who are without a home. In April, 2016 the Governor signed an Executive Order which “calls for owners of housing that receive state funds to make available at least 15 percent of their portfolio of housing units to Vermonters experiencing homelessness.” The Housing Trust identified 16 percent of the residents of its rental portfolio fitting the criteria under the Order. “While we have made tremendous strides over the last few years resulting in a 28% decline in homelessness in Vermont, there still are over 1,100 Vermonters who are homeless,” said Michael Monte, COO/CFO of the Champlain Housing Trust and a member of the Governor’s Council on Pathways from Poverty. “We have met the target, but we know that there’s more to do.”
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