Request Your Free Tour

802.254.6041

  • Home
  • About
    • Floor Plan
  • Services
    • Independent Living
    • Assisted Living
    • Nursing Care
    • Alzheimer’s Care
    • Rehabilitation
  • What They Say
    • Awards
  • Careers
    • Overview
    • Benefits
    • Job Postings
    • Applications
    • Employment Video
    • Employee Benefits Center
    • LNA Training Course
  • Resources
    • Coronavirus Updates
    • Links
    • FAQS
    • Articles
  • Contact
  • The Green House®
  • Home
  • About
  • Services
  • What They Say
  • Careers
  • Resources
  • Contact
  • The Green House®

Resources

Resources » Articles » Funding our Green House® community

Funding our Green House® community

Part of our funding will rely on the private-public partnership that has enabled much of our growth for decades. Government funding is integral to the Vernon Homes mission of providing affordable housing and healthcare.

green house community

This Green House community in New Jersey provides inspiration for the multi-home community we plan to finance via a government loan program plus a fundraising campaign.

Green House financing highlights:

  • We submitted a pre-application in April 2020 for a USDA/Rural Development Community Facility Loan Program loan and are awaiting approval
  • Based on work completed by the development team (architect, civil and mechanical engineers, and general contractor), we anticipate the total cost of development, site work and construction to be $20,000,000
  • In addition to government loans, we plan to raise $5,000,000 through grant and  capital campaign fundraising

A brief history of VH and government funding programs:

  • Vernon Green Nursing Home.  In 1946, Congress passed the Hill Burton Act. It gave hospitals, nursing homes and other health facilities grants and loans for construction and modernization. In return, they agreed to provide a reasonable volume of services to people unable to pay and to make their services available to all persons residing in the facility’s area. Funding provided by this Act enabled the construction of Vernon Green.
  • Vernon Hall. We received a loan via HUD’s Section 236 program to help build Vernon Hall. HUD created Section 236 in 1968 to enlist the private market in developing affordable rental homes. Through it, private lenders made 40-year market-rate loans that were either insured by HUD or financed by a state Housing Finance Agency. HUD provided the owner with an interest reduction payment that subsidized the owner’s mortgage down to a 1% interest rate. In return, the owner agreed only to rent to households with incomes at or below 80% of the area median income.
  • Vernon Birches. We took out a Rural Rental Housing Loan via the USDA Section 515 Rural Development program to build Vernon Birches and provide affordable rental housing for very low-, low-, and moderate-income families, elderly persons, and persons with disabilities.

Resources

  • Coronavirus Updates
  • Links
  • FAQS
  • Articles

What They Say

  • “ Lee, Dwight and I want to express to you and your entire staff how amazed we were at the dignity and care afforded to Dad… I have never had a family member in a nursing home. I count our experience at Vernon Green as one of my greatest blessings! ”

    -- Betsy

  • “ We would like to say “Thank You” for all the care of Ann Mosier!! ”

    -- Gertrude Potash & Ellen Williams

  • “ I appreciate so much your arranging things for me so that I could get therapy at Vernon Green. My needs were attended to very professionally by your staff. I thank the Lord for your kind and compassionate heart as you faithfully lead the work of Vernon Home. ”

    -- Bill

  • “ Thank you so much for everything! ”

    -- Patti Newton

  • “ For everything you've done for Larry, for being the special people that you are... thank you so very much. ”

    -- Sue Longe & Family

  • “ You are all very compassionate and caring. We appreciate all that you did. ”

    -- Ruth Tripp and family

  • “ Words cannot say how much we appreciate your loving care for Mom, Grandma, Grammie. You all truly became her extended family. You brought out a social and spunky side of her that would have been missed by so many if we had tried to care for her at home. ”

    -- Mike & Jeanne Mears

  • “ The patient and loving way that everyone has is contagious. Thank you all. ”

    -- The Bologan Family

  • “ I would be grateful if you would express our appreciation to all the staff who made my dad’s stay comfortable and peaceful. Every staff member we encountered made us feel like we were loved, accepted and part of your Vernon family. The care given to my dad was excellent, compassionate and dignified. ”

    -- Rev. Dwight S. Dean

  • “ I was just there for two months following a fractured ankle and the Rehab was excellent. I will also say that the complete staff from all departments were so friendly and helpful I would go back in a minute if I needed that service again. Thanks everyone! ”

    -- Donna F.

  • “ My family would like to express our love and gratitude for all the fantastic care you all provided for my mom. ”

    -- Ralph & Family

  • “ As many of you know, my mom is not one to sugarcoat anything… in fact, she can be the first to complain… my mom regularly says that she is so grateful to be cared for by such a loving group of people. ”

    -- Lynna Jackson, daughter of Clara Stone

  • “ They hug me frequently. Those hugs restore life to my soul. That other nursing home in Connecticut was fine but the care here is hundreds of times better. ”

    -- Clara Stone, resident

  • “ We cannot thank all of you enough for the care you gave to Annie Gregor. You treated her like family. ”

    -- Lynn & Roy Gregor

  • “ You all went out of your way to attend to my needs and make my stay very pleasant. You never complained about complying with all the protocols when I was in quarantine. Many blessings to each of you as you continue in your ministry of caring. ”

    -- Bill Monroe

  • “ Thank you so much for all the wonderful, loving care you all showed our mom. You all were such a blessing to us as well as to Mom! ”

    -- Leta Wilkinson

Visit Our Other Communities
Follow Us
  • facebook
  • RSS
Follow Us
  • Home

  • About

  • Services

  • What They Say

  • Careers

  • Resources

  • Contact

  • The Green House®

Vernon Homes 61 Greenway Drive Vernon, VT 05354 P 802.254.6041 F 802.257.5362 info@vernonhome.org
© Copyright 2018 Vernon Homes. All Rights Reserved. Website by Tetreault Advertising, Inc & Interactive Palette