Gilman Housing Trust
Encyclopedia
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 3 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 housing porfolio. Offices are in Lyndonville, Vermont
. Sally A. Young is President.
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, part time of 4.
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.
Vermont
Vermont is a state in the New England region of the northeastern United States of America. The state ranks 43rd in land area, , and 45th in total area. Its population according to the 2010 census, 630,337, is the second smallest in the country, larger only than Wyoming. It is the only New England...
government-owned, community based, rural, nonprofit community development corporation. It is part of the NeighborWorks America
NeighborWorks America
The Neighborhood Reinvestment Corporation, doing business as NeighborWorks America,is a Congressionally chartered nonprofit organization that supports community development in the United States. The organization provides grants and technical assistance to 235 U.S...
network. It owns over 500 multi-family rental units in the 3 county service area (Orleans
Orleans County, Vermont
Orleans County is one of the four northernmost counties in the U.S. state of Vermont. It borders Canada. In 2010, the population was 27,231. Its county seat is Newport. As in the rest of New England, few governmental powers have been granted to the county...
, Essex
Essex County, Vermont
Essex County is the county located in the northeastern part of the U.S. state of Vermont. As of 2010, the population was 6,306, making it the least-populous county in both Vermont and New England...
and Caledonia Counties
Caledonia County, Vermont
Caledonia County is a county located in the U.S. state of Vermont. As of 2010, the population was 31,227. Its shire town is St. Johnsbury.The county was given the Latin name for Scotland, in honor of the many settlers who claimed ancestry there....
. The organization owns Gilman Property Management, Inc. (GPM), a wholly owned for-profit subsidiary which manages GHT's affordable housing porfolio. Offices are in Lyndonville, Vermont
Lyndonville, Vermont
Lyndonville is a village in the town of Lyndon, in Caledonia County, Vermont, United States. Lyndonville's population was 1,227 at the 2000 census.-History:...
. Sally A. Young is President.
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, part time of 4.
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.