Source: Cathedral Square, Champlain Housing Trust, and Housing Vermont – Press Release, 6/13/11. “Burlington, VT – Senator Patrick Leahy (D‐VT) joined with affordable housing developers and local, state and federal officials today to celebrate the construction of new affordable homes for families and seniors in Burlington’s New North End. “An affordable housing accomplishment like this doesn’t happen by accident, and I’m so proud to have been part of the superb team that is making it a reality,” said Leahy, a senior member of the Senate Appropriations Committee, where he worked to secure funds that are part of the overall development package. “Thayer Commons is a great example of a mixed income, smart growth, green project that tackles real, everyday, practical needs for affordable and senior housing while keeping at its core sound community development principles. Just a year from now, as this development blossoms in one of our great neighborhoods, many Vermont families will call this place home, a home they can afford.” Senator Leahy secured a crucial $433,000 special purpose grant through the US Department of Housing & Urban Development as a piece of the overall $13.8 million project developed by nonprofit partners Cathedral Square Corporation, Champlain Housing Trust and Housing Vermont. Together the nonprofits will create 33 new affordable apartments for seniors and 33 affordable apartments for families. Cathedral Square Corporation plans to construct an additional 26‐32 senior apartments in a second phase of the development. Developer Eric Farrell is renovating the former Thayer School for commercial use and constructing a new building which will add 47 additional market rate apartments…” PDF of Press Release: Senator Leahy, Mayor Kiss Celebrate New Affordable Homes to be Built for Seniors and Families in Burlington’s New North End Burlington FreePress Article: Burlington housing project breaks ground
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