Plan to build new 30-unit rental complex on Sykes Mountain Avenue in White River Junction

Project will include community gardens, open space, and a play area

Twin Pines Housing Trust is planning to build a new, 30-unit rental complex on Sykes Mountain Avenue in White River Junction, VT. The project will include 15 one-bedroom and 15 two-bedroom apartments with some parking underneath, community gardens, a play area, and open space on this 6-acre site. A second phase of townhouse-style apartments is also being discussed along with the best way to access and protect nearby Lily Pond.

This $8 million, mixed-income project is being developed in partnership with Housing Vermont (www.hvt.org). Units will be available based on household size and income as a percent of the area median income (AMI) for Windsor County, which is $72,600 for a family of four in 2017.

  •   21 units for households at 50% and 60% of AMI
  •   9 units for households at 80-120% of AMI
  •   25% of tax credit units for the homeless

Twin Pines has obtained permits from the Hartford Department of Planning and Development and is finalizing designs. Initial funding has been approved by Vermont Housing and Conservation Board, and Twin Pines will apply for Low Income Housing Tax Credits in 2018. Gifts and grants from individuals, businesses, and foundations will also play an important role in funding this new affordable housing community.

 

/by

Renovations underway to The Briars in White River Junction

Briars Renovations Twin-Pines Housing White River Junction Vermont

 

Briars Renovations Twin-Pines Housing White River Junction Vermont

The two 1980s-era buildings on Bugbee Street known as The Briars are undergoing a $2 million renovation. The long overdue interior and exterior improvements to these 24 apartments will include the installation of energy recovery ventilators (ERVs) along with new windows, siding, and insulation. This investment will improve the appearance of the buildings, make them more comfortable, and reduce operating costs for residents and Twin Pines alike. Interior improvements will include new flooring, cabinetry, and other updates where they are most needed. The project is scheduled for completion in May 2017.

 

/by

Tracy Street, West Lebanon, New Hampshire

This new 29 unit mixed-income project will offer 1- and 2-bedroom apartments for all ages, incomes, and physical abilities to create a diverse and vibrant downtown community. The location is walkable to shopping, services, and Advance Transit bus service. The Kilton Library is just across Tracy Street.

  • 18 units for households below 50% of AMI
  • 11 units for households below 60% of AMI

Project funding has been secured and final designs, which include solar panels and an elevator, are being completed. Construction will begin in June 2018, and will take 12 to 14 months.

/by