Champlain Housing Trust develops mixed-income Cambrian Rise community in partnership

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

A new housing project in Vermont, Cambrian Rise, is set to transform the local community by promoting a mixed-income environment. The project, developed through a public-private partnership led by Champlain Housing Trust, aims to blend affordable housing with market-rate and luxury options.

This initiative is designed to create a diverse community where residents of varying income levels can coexist. The affordable housing units, developed by Champlain Housing Trust and Cathedral Square, are strategically positioned to support the overall project, enabling the construction of market-rate housing. This approach not only addresses the need for affordable living spaces but also enhances the viability of the entire development.
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The Cambrian Rise project exemplifies a successful collaboration between public and private sectors, showcasing how affordable housing can drive positive outcomes for the community. As this project progresses, it is expected to provide significant benefits, including increased housing availability and a more inclusive neighborhood atmosphere.

Converted from House Appropriations - 2025-04-16 - 1:00PM meeting on April 16, 2025
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