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Champlain Housing Trust outlines shared‑equity model, supportive housing conversions and resident services
Summary
Michael Monti, CEO of Champlain Housing Trust, told the General & Housing Committee that CHT manages permanently affordable housing in northwest Vermont, is expanding shared‑equity homeownership and supportive housing projects, and operates loan and resident‑services programs to keep people housed.
Michael Monti, identified in testimony as CEO of Champlain Housing Trust, told the House Committee on General & Housing on Jan. 10 that CHT’s work focuses on permanently affordable housing across Chittenden, Franklin and Grand Isle counties and includes shared‑equity homeownership, tax‑credit rental housing, shelter conversions and service‑enriched units.
Monti said CHT’s portfolio includes shared‑equity homes, rental developments, conversions of hotels and other buildings, and loan programs that provide patient capital. He described an example in Shelburne where CHT plans 26 shared‑equity homeownership units priced at roughly $160,000–$180,000 each under the…
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