Colonial Village

94 South Main Street, Bradford, Vermont 05033

The Colonial Village project consisted of rehabilitating of 21 apartments across 4 buildings in Bradford Village, Vermont. The buildings were a combination of senior and family housing and were existing affordable housing before Downstreet purchased the apartments in 2015 in order to preserve the affordability and rehabilitate this housing. The project was extensive, including relocating all of the tenants at Colonial Village to comparable accommodations in order to make the buildings accessible for renovations. In full, the project was a success in preserving the project-based subsidy element of the properties; rehabilitating the properties such that they will be affordable in perpetuity; extended the useful life of the buildings for at least 20 years, and increased operational and energy efficiency across the board.

Budget: $5,840,491
Completed: 2017
Partners: Downstreet Housing and Community Development and Housing Vermont acted as co-developers. S2 Architecture was the project architect and H.P. Cummings was the construction manager