Addison County Community Trust

The Addison County Community Trust, also known as Addison Housing Works, is a nonprofit affordable housing organization based in Vermont. Originally founded in Middlebury, VT, the organization focuses on developing, owning, and managing affordable housing options across Addison County. These options include rental apartments, mobile home parks, single-family homes, and senior housing.

History and Mission

Founded over three decades ago, Addison Housing Works has made significant contributions to the preservation and development of affordable housing and land conservation in the region. It has conserved over 6,000 acres of land and facilitated the construction or preservation of hundreds of affordable housing units.

Activities and Impact

The organization's primary mission is to enrich the lives of low- and moderate-income individuals in Addison County by providing access to affordable housing. As of recent updates, Addison Housing Works manages 353 permanently affordable rental apartments catering to a range of income levels, from extremely low-income to moderate-income families.

Financial Overview

The organization operates as a 501(c)(3) nonprofit, making donations to it tax deductible. Its revenue streams include contributions, program services, and investment income. Historically, program services have constituted a significant portion of its total income, reflecting its operational focus on housing management and development[1].

Recognition and Operations

Now known as Addison Housing Works, the organization continues to play a vital role in addressing housing needs and promoting community development in Addison County, Vermont.