On Tuesday, 316 South St a new modular shared equity home was craned onto its foundation.
This once burned and blighted lot is being transformed into a beautiful, energy-efficient home for a local family. With funding from the Vermont Housing Conservation Board, Vermont Housing Finance Agency, Champlain Housing Trust’s Manufactured Home Loan Program, and Efficiency Vermont, WWHT is building a Zero Energy Modular home—a three-bedroom, one-and-a-half-bath home within walking distance of the high school and downtown amenities.
The new homeowners, a local couple from Springfield, share their excitement and enthusiasm for the Shared Equity program:
”As we all know we are in desperate need of affordable housing and homes in our towns, cities, and many states in our country…We are so proud and happy to be picked to get this home, a brand new build, and as our first home this is truly exciting! So I will say this can happen for anyone looking for their American Dream of owning their own affordable home and decrease their carbon footprint with a beautiful, energy efficient home. I want to thank all my team for making it possible to own our home that means everything to me and my family.”
Through the Shared Equity program, this home will stay affordable to the next and future buyers on a permanent basis.
Next steps will be to button the home up: complete siding, plumbing, and electric.
A moment of gratitude to the homeownership team for rallying the funds to make this possible, supporting the homeowners through the purchasing process, to Brennan Construction for managing this exciting project, and Huntington Homes for creating, delivering, and placing the home! View footage of the home being craned into place on social media here!
