Mad River Valley Housing Fund Receives First Donation
Posted on 12/21/2021 by Erik H. Reisner
The Mad River Valley Housing Coalition spent part of the summer developing a Housing Fund and welcomes the first contribution made to the Housing Fund by the Mad River Valley Real Estate team.
The Mad River Valley Housing Fund is part of the Mad River Valley Housing Coalition, which is a 501C3 nonprofit organization, and is established with separate funding and management structure. The purpose of the Housing Fund is to promote access to affordable housing for Income eligible households and create new ownership and rental housing opportunities through preservation, construction, or rehabilitation of units.
The MRV Housing Fund is the financial arm of the the MRV Housing Coalition that will be used to make grants or loans to assist prospective developers, buyers, owners, and tenants to access, occupy and create affordable housing units, and to leverage, deposit and use private and public funds to increase affordable housing opportunities in the Mad River Valley.
The MRV Housing Fund is very appreciative of Mad River Valley Real Estate making this unsolicited donation. Mad River Valley Real Estate demonstrated their keen and firsthand awareness of the need for affordable housing in the Mad River Valley and the potential consequences to the Mad River Valley if those who work in the Valley cannot live here.
All of us at Mad River Valley Real Estate are proud to support the Mad River Valley Housing Coalition. We are keenly aware of the need for more affordable housing, and that it will not be possible without philanthropy. As part of a call to action we have mailed holiday cards to current and past clients, customers, and vendors encouraging them to make a contribution to help this very worthy cause. If you are able to make a contribution of any size, it would be an incredible help.
The Mad River Valley Housing Coalition welcomes donations, which can be sent to:
Mad River Valley Housing Coalition
PO Box 822
Waitsfield, VT 05673.
Happy Holidays, Safe Travels, and Think Snow!