A new senior housing project in Burlington is complete, and demand is so high it took just minutes to fill all of the apartments.
The Thayer House is the former site of the motor vehicle department on North Avenue. Cathedral Square, the Champlain Housing Trust and developer Eric Farrell teamed up to purchase the property and redevelop it into 69 units of affordable housing for the elderly. The last of the units was rented just 29 minutes after becoming available.
"This housing is so important because we have 950 people on our waiting list for affordable senior housing and housing for individuals with a disability, so the need is huge and we're just trying to identify financing to meet that need," said Nancy Eldridge with the Cathedral Square Corporation.
The 36 units in the second phase of the project was developed with a variety of financing sources, including a federal grant that makes the apartments affordable to very low income people. Eldridge says this type of housing allows seniors to live independently longer.
Tuesday, March 11 2014 5:59 PM EDT2014-03-11 21:59:43 GMT
"You know, people say you might not need it, which is true, but this way you get a choice. I don't have to go out tomorrow," said Lorinda Henry of Milton. Henry says she hit the grocery stores TuesdayMore >>
Parts of Vermont could get up to 24 inches of snow in the coming storm. And VTrans officials are warning drivers they may not be able to keep up with the storm rolling in Wednesday.More >>
Tuesday, March 11 2014 11:49 AM EDT2014-03-11 15:49:17 GMT
A Plattsburgh woman faces charges for allegedly attacking someone with a knife. New York State Police were called to the Best Value Inn on Booth Drive Sunday night for a report of a domestic dispute. InvestigatorsMore >>
A Plattsburgh woman faces charges for allegedly attacking someone with a knife.More >>
Tuesday, March 11 2014 10:14 AM EDT2014-03-11 14:14:46 GMT
A Winooski man says he was held at knife point on Church Street in Burlington Monday afternoon as robbers took nearly 300 dollars from him. Police arrested 29-year-olds Andre Martel and Anthony HammondMore >>
A Winooski man says he was held at knife point on Church Street Monday afternoon as robbers took nearly $300 from him.More >>
Tuesday, March 11 2014 10:01 AM EDT2014-03-11 14:01:29 GMT
A South Londonderry man captured at the end of a high-speed chase now faces up to life in prison. Police say Christopher Bush topped speeds of 100-miles-per-hour in a stolen SUV. The 27 year old pleadedMore >>
A South Londonderry man captured at the end of a high-speed chase now faces up to life in prison.More >>
Tuesday, March 11 2014 11:58 AM EDT2014-03-11 15:58:56 GMT
Vermont State Police dive teams will search Otter Creek Tuesday for a missing Proctor woman. Maryann Foster, 59, went missing the week of Feb. 24 and there has been no luck finding her yet. Police sayMore >>
Vermont State Police dive teams will search Otter Creek Tuesday for a missing Proctor woman.More >>
Tuesday, March 11 2014 6:07 PM EDT2014-03-11 22:07:01 GMT
"Seems like it was just yesterday. Doesn't seem like it's been two years at all," said Glenda Reandeau of Tupper Lake. Residents of Tupper Lake still have their eyes out for Colin Gillis, a now 20-year-oldMore >>
Colin Gillis of Tupper Lake, N.Y., disappeared two years ago. And authorities are still searching for him. They say the investigation now focuses on tips from the public and from those who were the last to see Gillis.More >>