Stitzel, Page & Fletcher Assists With Closing Over $1.5 Million in Affordable and Senior Housing Grants

In November 2013 Stitzel, Page & Fletcher attorney David Rugh assisted in closing more than $1.5 million in affordable and senior housing grants in Shelburne and Charlotte.  Working on behalf of the Town of Shelburne and with the Vermont Agency of Commerce and Community Development, Mr. Rugh assisted in closing a $668,750 Vermont Community Development Program grant to Harrington Village Limited Partnership, a partnership associated with Housing Vermont, BCLT Rental Development, Inc. and Chaplain Housing Trust, and a $581,250 Vermont Community Development Program grant to SH Limited Partnership, a partnership associated with Cathedral Square Corporation and Champlain Housing Trust, to develop seventy-eight affordable and senior housing units in the Harrington Village development on Shelburne Road in Shelburne.  In addition, working on behalf of the Town of Charlotte and with the Vermont Agency of Commerce and Community Development, Mr. Rugh assisted in closing a $282,823 Vermont Community Development Program grant to Green Mountain Habitat for Humanity to develop five affordable housing units in Green Mountain Habitat for Humanity’s Albert’s Way development on Spear Street in Charlotte.

For more information about affordable and senior housing grants or for assistance with your municipality’s real property transactions, please contact Robert E. Fletcher or David W. Rugh.