Champlain Housing Trust

Street Address:
88 King Street
Burlington, VT 05401
Mailing Address:88 King Street
Burlington, VT 05402

Phone: 802-862-6244
Fax: 802-862-5054
Website: www.champlainhousingtrust.org

Brenda Torpy, Chief Executive Officer

Contact Name: Chris Donnelly
Phone: 802-861-7305
Fax:
Email: chris.donnelly@champlainhousingtrust.org


Staff Size: Full Time: 70    Part Time: 10

Background
Champlain Housing Trust (CHT) is a nonprofit, membership-controlled community development organization. CHT creates housing for lower income families through a unique property ownership mechanism (i.e., a ground lease with limited equity provisions) which assures initial and future affordability and provides security and equity absent in other housing programs. Public and private subsidies which BCLT requires are reduced due to the elimination of speculative value. CHT also provides a full range of affordable housing and community development.

Mission
This is a newly formed organization, so the Mission Statement will be forthcoming.

Total Operating Expense (9/30/2007): $6,982,077

 Lines of Business
  • Asset and Property Management

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Community Building and Organizing
  • NeighborWorks Multifamily Initiative
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 221 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 28 rental or owner occupied units (1-4 units).
  • Assisted 160 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 1654 rental units.
  • Invested $15,000 in the community through Champlain Housing Trust's revolving loan fund, which leveraged $34,779,637 from conventional lenders and other sources.
  • Total direct investment in the community is $34,794,637.

    • Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance

  • Green Building and Home Improvement

  •  Handyman Referrals

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Housing for Handicapped

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    L. Randolph AmisBoard PresidentResident Attorney at law
    Paul BohneBoard SecretaryLocal GovernmentTown of Shelburne 
    John DavisBoard Vice PresidentBurlington AssociatesConsultant
    William DorschBoard Member  
    Tim GutchellBoard TreasurerNon-Profit InstitutionVermont Housing Finance Agency 
    Pamela JamesBoard MemberResidentAgency of Natural ResourcesRegional Parks Coordinator
    Richard KempBoard MemberResident  
    Jane KiserBoard MemberLocal GovernmentCity of St. Albans 
    Noelle MackayBoard MemberNon-Profit InstitutionVermont Forum on SprawlExecutive Director
    David McFeetersBoard MemberResident  
    William PearsonBoard MemberResident  
    Joe ReinertBoard MemberLocal GovernmentCity of BurlingtonMayor's Assistant
    Kenn SassorossiBoard MemberNon-Profit InstitutionHousing Vermont 
    Al VoegeleBoard MemberLocal GovernmentTown of ColchesterTown Manager

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  New England
    Name:  Frances Cinicola
    Phone:  617-585-5027
    Toll-Free:  
    Fax:  617-450-0427
    Email:  fcinicola@nw.org