On January 29, 2025
Local News

Cornerstone Housing Partners formed to strengthen affordable housing efforts in Rutland, Bennington, and Addison Counties

Three leading housing organizations—NeighborWorks of Western Vermont, Shires Housing, and Housing Trust of Rutland County—have merged to form Cornerstone Housing Partners, a new entity dedicated to expanding and maintaining affordable housing and homeownership services across Rutland, Bennington, and Addison counties.

The newly combined organization will provide a comprehensive range of housing services, including affordable rental development, property rehabilitation, homebuyer education, energy efficiency programs, foreclosure counseling, and home repair and lending services. By pooling their expertise and resources, Cornerstone Housing Partners aims to increase the availability of affordable homes and enhance housing stability throughout the region.

Maintaining NeighborWorks® America charter membership, the organization adheres to national standards of excellence in community development and homeownership services. This affiliation enhances its ability to secure financial resources, training, and partnerships to support its mission.

Mary Cohen, CEO of Cornerstone Housing Partners, emphasized the significance of the merger:“By joining forces, we are better equipped to meet the growing demand for affordable housing in our region and to expand opportunities for both renters and homebuyers. Our goal is to build a stronger, more sustainable housing landscape in Rutland, Bennington, and Addison Counties for years to come.”

Cornerstone Housing Partners will continue the critical work of its founding organizations while expanding efforts to address Vermont’s affordable housing challenges through new development and rehabilitation projects.

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