What is Evernorth?
Evernorth operates as a specialized nonprofit entity, formed through the strategic merger of Housing Vermont and the Northern New England Housing Investment Fund. By bridging the gap between private equity and public necessity, the organization has successfully deployed over $1 billion in equity capital. Its operational model focuses on the development and preservation of affordable housing units, having already delivered more than 13,000 homes for low- and moderate-income residents. The firm serves as a critical intermediary, facilitating complex financial structures that enable sustainable community growth across northern New England.
How much funding has Evernorth raised?
Evernorth has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Evernorth
PPP
Public-Private Partnership
What's next for Evernorth?
Looking ahead, Evernorth is positioned to scale its impact by deploying this recent capital into high-priority development pipelines. As the organization navigates the complexities of the current economic landscape, its focus remains on optimizing the efficiency of its equity deployment strategies. By strengthening its partnerships with regional stakeholders and institutional investors, Evernorth aims to accelerate the construction of resilient, affordable housing stock, ensuring that community development remains a viable and scalable endeavor in the face of rising regional demand.
See full Evernorth company page
