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Rural Edge

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The Rural Edge (formerly the Gilman Housing Trust (GHT)) is a Vermont government-owned, community-based, rural, nonprofit community development corporation. It is part of the NeighborWorks America network. It owns over 500 multi-family rental units in the three-county service area (Orleans, Essex and Caledonia Counties. The organization owns Gilman Property Management, Inc. (GPM), a wholly owned for-profit subsidiary which manages GHT's affordable[clarification needed] housing portfolio. Offices are in Lyndonville, Vermont.[1] Sally A. Young is President.[2]

In the fiscal year ending 2009, the total operating expenses were $2,850,234. It owned or managed 677 rental units. Direct investment in the community totaled $12,059,163. It has a full-time staff of 34, and part-time of 4.[2]

In 2008, the highest executive compensation was $32,500 annually. It was the second-largest housing trust in Vermont, smaller only than Champlain, based in Chittenden County, the largest county in the state.[3]

In 2013, the organization changed its name to the Rural Edge from the Gilman Housing Trust.[4]

Notes

  1. ^ Gresser, Joseph (24 November 2010). "Sleeper Place will feel new zoning code". Barton, Vermont: the chronicle. p. 12.
  2. ^ a b [1]
  3. ^ [2]
  4. ^ "NEK gets $300,000 for housing". The Chronicle. Barton, Vermont. August 21, 2013. pp. 32A.