News

Posted by: lori on May 21, 2015 - 1:54pm

 Executive Director Sarah Carpenter announced Matthew Harder, Vergennes, VT has joined VHFA as Staff Accountant.

 Matt is a recent graduate of the Community College of Vermont and is on course to be awarded a second degree, an AS in Accounting, this July..

 Located in the heart of downtown Burlington, VHFA is a socially responsible employer with approximately 38 employees.

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Posted by: Leslie Black-Plumeau on May 19, 2015 - 4:29pm

The amount of income needed to afford a modest apartment puts Vermont among the most expensive states in the country, according to today’s Out of Reach 2015 report, jointly released by the National Low Income Housing Coalition and the Vermont Affordable Housing Coalition. To afford a modest, two-bedroom apartment, Vermont renters are likely to need to earn $20.68 per hour, or $43,017 a year, the report explains, which ranks Vermont as the 13th most expensive state in the country.    

Posted by: Marina Demas on May 12, 2015 - 11:57am

More than 450 people gathered at the 17th Annual New England Resident Service Coordinators (NERSC) last week at the Stowe Mountain Lodge. Attendees came from all over the 6 New England states plus 8 other states nationally. This conference only occurs every six years in the state of Vermont and Vermont Housing Finance Agency was so pleased to host the 2015 meeting. The theme of the conference was Diversity: Celebrating Beauty & Strength. Next year's conference will be held at the Marriott in Hartford, Connecticut on May 4-6, 2016. Check out some great photos from the conference taken by VHFA's Sam Falzone and Jean Bernstein who works for Winn Residential.

 

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Posted by: Leslie Black-Plumeau on May 7, 2015 - 3:29pm

The VA Medical Center in White River Junction, Vermont State Housing Authority and Vermont Council on Homelessness are committed to the national goal of ending homelessness among Veterans by 2015.  In light of new federal resources now available to support this goal, these groups are calling for your help connecting homeless Veterans with the rental assistance and housing they need to be successful.  Of high priority are Veterans who may be outdoors or staying in emergency homeless shelters and motels who may not have had recent contact with government services.  These Vermonters in need may not be aware of the benefits they are entitled to. 

If you encounter a homeless person who may be a Veteran (served in the Army, Navy, Air Force, Coast Guard, Marine Corps, deployed with the National Guard or Reserve), please advise them that there are many housing resources & supports through the VA.  Please feel free to contact any of the people listed here.

 

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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. This week's Senate action followed the introduction of the tax credit rate limit by the House of Representatives in H.R.1142, which was co-sponsored by Rep. Welch.

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