WINDSOR — Town officials and residents celebrated on Tuesday the opening of 25 units of new mixed-income housing.
The project, a joint effort by the Windham and Windsor Housing Trust and Evernorth, features six apartments set aside for people exiting homelessness, and six more for renters earning up to the area’s median income.
The $14.5 million building, known as Central and Main after the streets on either side of the structure, was designed with energy efficiency and ease of access in mind, officials said.
“With Central and Main Apartments, we’ve created homes right downtown where residents can thrive and engage in their community,” Elizabeth Bridgewater, the housing trust’s executive director, said in a news release. “These homes will be affordable to individuals and families with a range of income levels in Windsor that the market just doesn’t meet.”
Though the bulk of the funding, $8.1 million, came from federal tax credits, the project also marks the first use of Evernorth’s loan fund to build housing in the Upper Valley. Evernorth is a nonprofit that funds housing and other projects in Northern New England. The loan fund contributed $695,000 toward the project.
— Staff report