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Posted by: Leslie Black-Plumeau on October 21, 2016 - 4:16pm

Executive Director Sarah Carpenter joined Congressman Peter Welch, Addison County Community Trust (ACCT), Cathedral Square Corporation (CSC) and other partners yesterday to celebrate the opening of McKnight Lane, Vermont’s first net-zero energy affordable housing community. Formerly a blighted mobile home park, McKnight Lane  is a vibrant, new, affordable rental community featuring Vermods, modular,  high-efficiency homes manufactured in Wilder, Vermont. 

The new development was named to honor Terry McKnight, ACCT’s former Executive Director who died in November 2014 and had wanted for years to transform this mobile home park. Housing credits allocated by VHFA provided 58 percent of the funds needed to develop the 14 home neighborhood.  

"Nearly half of Addison County renters are burdened by their housing costs, paying more than a third of their incomes in rent and utilities. Not only is McKnight Lane affordable to low-income Vermonters, the net-zero homes with resilient battery systems ensure residents won't have to choose between purchasing groceries or paying their fuel bill to stay warm this winter. In particular, the addition of the battery systems through this important energy partnership means that McKnight Lane residents can rest assured knowing they are prepared to weather storms and outages for years to come," stated Elise Shanbacker, Executive Director of ACCT. 

Posted by: Leslie Black-Plumeau on October 19, 2016 - 2:43pm

As part of the Multifamily for Tomorrow Transformation, HUD’s Boston Satellite Office and the Northeast Region now have designated Grants Specialists overseeing HUD grant programs.  In order to get acquainted with their valued customers and address questions, HUD invites program participants in the New England states to a Huddle with Grantees.  The Huddle is designed for clients working with Resident Services Coordinator [RSC], Congregate Housing Services Program [CHSP], or Assisted Living Conversion Program [ALCP] grants, or for clients that have budget-funded RSCs. 

Budget-funded RSCs with policy questions or concerns are also welcome.  Applicants for the Social Services Demonstration grants are welcome to attend.  Note that Resident Services Coordinators in Public Housing have somewhat different program guidance, which will not be addressed at this training.  In addition to meeting Grant Specialists and field leadership in HUD, staff will provide guidance on important grant related topics to make attendees work with RSCs easier, current vouchering requirements, LOCCS access, how to increase RSC hours and funding, and report preparation.  

To register for in person attendance, in the Boston office, please send an email including your name, contact information, company, and the name of the HUD project(s) you service, and any grant-related questions you would like answered, and/or topics you’d like covered, to bos.grants@hud.gov, and  Michael.O.Patterson@hud.gov.  Space is limited, so please reserve your place as soon as possible.  Nearest Parking: 31 Lancaster St, or 600 Commercial St., or you could park at a T stop in Riverside, or Alewife, and take the T in. 

If you plan to participate via conference call, please send an email including your name, contact information, company, and the name of the HUD project(s) you service, and any grant-related questions you would like answered, and/or topics covered, to bos.grants@hud.gov,  and Michael.O.Patterson@hud.gov.  

Daniel.A.Allen@hud.gov covers Multifamily Housing grants RSC, ALCP, and CHSP for Massachusetts, and the Northern New England States.  Amy.Veilleux@hud.gov cover Multifamily Housing grants RSC, ALCP, and CHSP for Connecticut and Rhode Island. Please continue to refer immediate grant-related issues to them.  Regular paperwork for grants continues to go to bos.grants@hud.gov

Posted by: Leslie Black-Plumeau on October 19, 2016 - 9:31am

VHFA's Executive Director Sarah Carpenter announced today that interested parties are invited to submit comments on how housing tax credits are allocated.  Housing tax credits are Vermont’s primary funding source for developing affordable rental housing.  The comments will be considered during this year’s upcoming revisions to Vermont’s Qualified Allocation Plan (QAP).  As administrator of the housing tax credit program, VHFA allocates credits to specific projects in accordance with identified State needs and Federal requirements outlined in the Vermont QAP. Vermont’s inter-agency Joint Committee on Tax Credits reviews allocation policies and process and makes recommendations on the QAP to VHFA’s Board of Commissioners. Using the QAP as a guide for prioritizing applications, the VHFA Board of Commissioners awards tax credits each year for specific rental housing development projects.

This series of graphs and tables is available to help commenters develop an understanding of the needs of different types of Vermont household for affordable rental housing.

Housing credits offer investors a multi-year tax credit in return for upfront equity that is used in turn to construct or rehabilitate rental housing.  Rental housing developed with funds raised from housing credits must be affordable and occupied by low income households.  VHFA monitors all housing developed through housing credits to ensure compliance with federal and state requirements.

Studies have long shown that the need for affordable rental housing across Vermont far outweighs the availability of funds to meet this need. For this reason, the prioritization assigned to various types of projects as stipulated by the QAP is extremely important. Interested parties are encouraged to review the existing QAP and submit comments about any changes needed to ensure that competing applications are prioritized in the way that best serves Vermonters’ most pressing needs.  Comments should be submitted to Joseph Erdelyi, VHFA’s Development Director, by November 1, 2016.

Posted by: Leslie Black-Plumeau on October 18, 2016 - 12:30pm

In this upbeat, interactive workshop, Heather Main of Main Wellness Works will present dozens of ideas that you can use today to reduce stress, improve your energy and overall sense of well-being. Ideas presented will be philosophical, theoretical and practical, spanning everything from details about how much water you drink at work to how you approach your bucket-list of life dreams. We’ll talk about the 6-dimensions of wellness, how to get yourself out of a low or anxious mood, time management and tons more. Join us. Everyone will come away refreshed with renewed energy and skills to take good care of themselves, driving more positive energy into all aspects of life.  To register, contact Doug Hemmings

Payment for the training works as follows: if you or your organization are up to date members of either the VT Resident Service Coordinators organization or the VT Housing Managers Association, the training (including lunch) is free to you. If you are not a member of either organization, the training and lunch are $10.00 which you can pay by check, money order or cash at check-in. Sorry, no credit or debit cards. 


Posted by: Will White on October 12, 2016 - 2:06pm

A big thanks to Vermont Realtors who is a premier sponsor for the 2016 Vermont Statewide Housing Conference.