Posted by: Marina Demas on May 6, 2015 - 3:18pm

On May 5, the bill, S.1193, was introduced. The bill is the Improving the Low-Income Housing Tax Credit Rate Act, which would permanently establish a minimum 9 percent Housing Credit rate and a minimum 4 percent Credit rate for acquisition. Both Senator Leahy and Senator Sanders are original co-sponsors of this bill because they understand the importance of this piece of legislation on future housing development in Vermont. This bill would bring much-needed predictability to housing developers by establishing a minimum credit rate.

Posted by: Leslie Black-Plumeau on May 5, 2015 - 1:38pm

Executive Director Sarah Carpenter announced Steve Gronlund of Shelburne, VT has joined VHFA as Human Resources Manager.

Steve comes to VHFA from Heartworks and Renaissance Schools where he worked for the past 15 years, most recently as the Human Resources and Business Manager.

“VHFA is happy to welcome someone with Steve’s directly relevant skills and experience in human resources and business planning... His expertise and enthusiasm will help the Agency remain one of the best places to work in Vermont," Sarah said.

Located in the heart of downtown Burlington, VHFA is a socially responsible employer with approximately 38 employees.  Steve will manage VHFA’s excellent compensation and benefits package in his new role.

Posted by: Leslie Black-Plumeau on May 5, 2015 - 11:10am

A recent study from Harvard’s Joint Center for Housing Studies uses experience gained during Vermont initiatives to suggest effective strategies for mobile home replacement.  VHFA’s allocation of tax credits for helping Vermonters replace dilapidated mobile homes is one the report’s examples of resourcefulness.

Vermont’s Manufactured Housing Innovation Project, a pilot program run by Vermont Housing Conservation Board and Vermont Energy Investment Corporation, is also highlighted as a model in the report. 

In addition to sharing best practices for mobile home replacement, the report is a treasure trove of data pertaining to the quality and characteristics of mobile homes nationwide.

Posted by: Marina Demas on May 1, 2015 - 10:23am

Please join the Vermont Community Development Association (VCDA) for its Spring Conference on Thursday May 14, 2015, at The Lyons Den in Randolph, Vermont. The theme is Age Friendly Communities - Possibilities, Challenges and Social & Economic Benefits. VCDA provides Vermonters education and networking opportunities in Community Development. VHFA is proud to be a gold sponsor for this event. Fill out the registration form today. We hope to see you there!

Posted by: Marina Demas on May 1, 2015 - 9:54am

On May 4th at 10am, Governor Shumlin will be joining Champlain Housing Trust and Housing Vermont to announce state and federal grant awards for their efforts to preserve the affordability and invest in energy efficiency at Winchester Place in Colchester. Winchester Place was built in 1986 and has 166 apartrments that are a "significant piece of Chittenden County's affordable housing stock." Read more about Winchester Place and the Champlain Housing Trust Event.