New Affordable Housing Complex Opens in Downtown Burlington, Vermont
A new five-story affordable housing complex, named The Post Apartments, has opened in downtown Burlington, Vermont. Developed by the nonprofits Champlain Housing Trust and Evernorth, the complex features 38 units designed to remain subsidized indefinitely. U.S. Sen. Bernie Sanders, I-Vt., played a role in securing $1 million in federal funding for the $24 million project. The building, which is now fully occupied, includes eight efficiency units, 26 one-bedroom units, and four two-bedroom units. Nine units are reserved for individuals transitioning out of homelessness, and ten units are supported by Section 8 vouchers, ensuring tenants pay no more than one-third of their income towards rent. Monthly rents begin at $1,160. The ground floor of the complex houses a new veterans' center and office space for the Chittenden County Community Justice Center. The building is fully electric and equipped with a solar array on its roof.