may 16, 2013. 1 st quarter available rentals 2011201220132014 198 units175 units153 units171 units...

May 16, 2013

1st Quarter AVAILABLE RENTALS2011 2012 2013 2014198 units 175 units 153 units 171 units

127 NH (64%) 119 NH (68%) 95 NH (62%) 109 NH (64%)71 VT (36%) 56 VT (32%) 58 VT (38%) 62 VT (36%)

13 studios 15 studios 3 studios 0 studios53 one BR 40 one BR 50 one BR 77 one BR63 two BR 58 two BR 48 two BR 57 two BR43 three BR 45 three BR 24 three BR 25 three BR26 four+ BR 17 four+ BR 28 four + BR 12 four+ BR

Who Needs Housing?

“In the Upper Valley Lake Sunapee Regional Planning Commission region, it is estimated that between 3,800 and 4,600 new housing units will be needed between 2010 and 2020”

“According to projection models 10% of new units built in the next 10 years may need to be rental units.”

598 units were built during the past 10 years

• Emerson Place – 160 units Lebanon• 2 BR / 2 bath

• Gile Tract – 61 units Hanover• 15 market 2 BR / 2 bath• 46 affordable units (6 one BR, 7 three BR, 33 two BR)

• Curtis Court – 15 units Hanover• 2 BR / 2 bath

• Timberwood Commons – 252 units Lebanon• 20 studios, 106 one BR, 126 two BR

Where will the next 400 rental units be constructed?

And who will construct them?

New Rental Units - Lebanon 75 Bank Street

42 loft style units within walking distance to town center & Advance Transit

Repurpose & Retain Historic Character & Charm

Oversized Showers-Ample Kitchens

Architecturally Unique

$6 Million Dollar Men: 2 Developers Plan Major Projects in Downtown White River Junction

Sunday, May 4, 2014 by Valley News

New Rental Units To Be BuiltHartford

Former American Legion site22 studio apartments

400 sq. ft. w/ loft

The proposed exterior renovation to the former American Legion building in White River Junction, Vt. (Courtesy River Town Design) Sunday, May 4, 2014 by Valley News

The proposed Bridge and Main project in White River Junction, Vt., in an artist's rendering. (Courtesy Kane Architecture) Sunday, May 4, 2014 by Valley News

New Construction Bridge/Main8-10 one bedroom apartments

630-890 sq. ft.

“Housing availability and affordability for all residents are critical components of the

overall quality of life and economic stability for

communities in the Upper Valley.”

As the Upper Valley Lake Sunapee Regional Planning Commission reported in their recent housing needs analysis;

The future is ours to see ….