Submitted by Leslie Black-Plumeau on April 18, 2017 - 9:41am
On Monday, April 17, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal Low-Income Housing Tax Credits (LIHTC) and Vermont Affordable Housing Credits that will provide almost $37 million in upfront equity to construct and renovate housing for low-income Vermonters over the next several years. The $2.5 million in ten-year federal capped credits, $610,000 in ten-year federal u
Submitted by Leslie Black-Plumeau on April 12, 2017 - 3:22pm
Housing developers, business leaders, smart growth policy experts and poverty advocates joined together to support the passage of a $35 million housing bond this afternoon at a press conference at Vermont’s State House in Montpelier.
Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.
Submitted by Leslie Black-Plumeau on April 4, 2017 - 9:39am
Governor Phil Scott joined Congressman Peter Welch, Burlington Mayor Miro Weinberger and many other supporters to celebrate the opening of 14 new apartments for people facing homelessness and a newly rebuilt Daystation and Housing Resource Center. The Committee on Temporary Shelter (COTS) will oversee the apartments and operate the Daystation and Housing Resource Center, all of which are located at 95 North Avenue in Burlington’s Old North End neighborhood.
Submitted by Leslie Black-Plumeau on February 22, 2017 - 3:30pm
The Vermont Agency of Natural Resources is seeking input from the business community about their experiences with permitting and environmental regulation in Vermont. Please share your insights at one of the "listening tour" meetings the Agency is holding over the next two weeks at locations around the state.
Submitted by Leslie Black-Plumeau on February 3, 2017 - 2:57pm
Applications for the 2017 round of federal capped (9%) Low-Income Housing Tax Credits and Vermont State Housing Credits are due to VHFA by Friday, February 10, 2017. Housing credits are the largest source of funding in Vermont for building and renovating affordable rental housing.
Submitted by Leslie Black-Plumeau on November 30, 2016 - 11:27am
Community leaders and housing partners came together last week to celebrate the completion of renovations to historic buildings in downtown Bennington. Developed and managed by Shires Housing, the buildings include 26 affordable apartments for low-income residents of all ages.
Submitted by Leslie Black-Plumeau on October 27, 2016 - 4:22pm
In addition to construction jobs, the proposed Burlington Town Center plans include creation of 55 new units of affordable housing and 219 market rate homes. Housing advocates and community leaders joined Burlington Mayor Weinberger today in City Hall Park to discuss ways in which the proposed Town Center would help address the needs of the region’s residents for more affordable homes located near jobs and services.
Submitted by Leslie Black-Plumeau on October 23, 2016 - 1:34pm
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.
Submitted 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.