Entries by Michelle Kersey

Sykes Mountain Avenue receives Low Income Housing Tax Credits

On Monday, April 16, Vermont Housing Finance Agency awarded Federal Tax Credits to Twin Pines Housing’s development on Sykes Mountain Avenue. The property, which is less than one mile from downtown White River Junction, will create 30 units of mixed-income housing. “This project will help address the continued need for affordable workforce housing in the […]

New Hampshire Charitable Foundation Partners with Twin Pines Housing

Twin Pines Housing recently received approval for a $500,000 line of credit through New Hampshire Charitable Foundation’s Impact Investing Program. The line of credit will provide access to valuable working capital during the predevelopment phase of construction of approximately 100 units of affordable housing in the Upper Valley . “We’re grateful to New Hampshire Charitable […]

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Tracy Street Receives Final Piece of Funding

New Hampshire Housing recently awarded $648,235 in Low Income Housing Tax Credits to Twin Pines Housing for the development of new mixed-income housing on Tracy Street in West Lebanon. The sale of the tax credits is expected to generate approximately $5.7 million for the 29-unit project. In December, Twin Pines received a commitment of Community […]

Focus on Community Partnerships – CLiF

Children’s Literacy Foundation from Peregrine Productions LLC on Vimeo. Our friends at CLiF are experts at providing free and inspiring literacy programs. We’ve been grateful to partner with them to bring reading programs to The Villages at Crafts Hill. We hope you enjoy this video sharing their work. A special shout out to Faye Grearson, Twin […]

Homebuyer Education Workshop

Ready for homeownership but don’t know where to start? Get answers to your home buying questions with this comprehensive 8 hour class, followed by one-on-one sessions with a certified Housing Advisor. When finished, you’ll receive your Homebuyer Education Certificate, required by most local lenders. Workshops will be held at Twin Pines Housing’s offices on Tuesday, […]

The Village at Crafts Hill Secures $5,959,442 Loan From USDA Rural Development

Twin Pines Housing has secured approximately $6 million in funding through the USDA Rural Development’s Multi-Family Housing Preservation and Revitalization Restructuring Program for renovations to The Village at Crafts Hill in West Lebanon. Renovation of the 100 rental units, formerly known as the Pine Tree Lane and Beechwood Lane apartments, will focus on energy efficiency […]

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Kristine McDevitt joins Twin Pines Housing staff

Kristine McDevitt, of Hanover, has joined Twin Pines Housing as Real Estate Development Project Manager. In her new role, she will coordinate the development of new affordable housing, as well as the renovation of existing housing. Prior to joining Twin Pines Housing, Kristine served as the Contracts Manager at Pitney Bowes where she was responsible […]

Parkhurst, Lebanon, NH

Housing for chronically homeless and extremely low income members of the community Renovations on this building just off the green in Lebanon began in December, 2017. When complete, this three story building will provide 18 one-bedroom apartments for chronically homeless and extremely low income members of the community. Improvements include new roof, siding, wiring, windows, […]

Summer Park, Hanover, NH

New housing for seniors and the disabled in Hanover, NH   The curent Summer Park Residences were constructed by the Town of Hanover in 1975. Zoning changes approved by Hanover will allow these 24 apartments to be replaced with an increased number of fully accessible, energy efficient units. Initial funding from the Federal Home Loan Bank of […]