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Housing policy

VHFA seeks Executive Director applicants

Vermont Housing Finance Agency (VHFA), located in Burlington VT, is seeking an Executive Director who will serve as the Chief Executive Officer of the Agency and as such directs and administers all programs, operations, and activities, and oversees the organization of the staff and departments. The Executive Director serves at the pleasure of the Board of Commissioners and performs such duties and functions as they may prescribe, as well as fulfilling the role of Secretary of the Agency.

2017 Annual Report video

VHFA had a great 2017!

Vermont House approves expanding popular VHFA down payment assistance program

Last week the Vermont House approved H. 922 which includes provisions from an earlier bill (H.766) that expands VHFA’s Down Payment Assistance Program. The bill is now passed over to the Senate and earlier this week was read and referred to the Senate Committee on Finance. Since the DPA program started in 2015, demand among qualified first-time home buyers has been twice what can be funded through the Vermont Affordable Housing Tax Credit, the program’s designated funding source. 

House Commerce Committee approves expanding VHFA down payment assistance program

H.R. 766, the bill that includes an expansion of  VHFA’s Down Payment Assistance Program, was approved by the Vermont House Committee on Commerce and Economic Development last week.  Since the program started in 2015, demand among qualified first-time home buyers has been twice what can be funded through the Vermont Affordable Housing Tax Credit, the program’s designated funding source. 

First-time home buyer testifies about importance of Vermont Down Payment Assistance Program

Yesterday, Ryan Rush-Booth, a Vermont Housing Finance Agency (VHFA) borrower who lives in Stamford, VT, testified at the State House in support of doubling VHFA’s Down Payment Assistance program funding. Rush-Booth works in IT at Southwestern VT Medical Center. When they first moved to Vermont six years ago, Ryan, his wife, and their two young children moved in with family because they could not find affordable housing.

How will federal tax reform affect Vermonters?

VHFA's Sarah Carpenter and Maura Collins talked with reporters this week about likely impacts of the many provisions related to housing included in the federal tax reform bill passed this week.   

Vermont housing partners outline damaging impacts of proposed federal tax reform provisions

Housing partners seeking to improve opportunities for lower income Vermonters described this week why federal tax reform bills would make reaching this goal much harder and hurt Vermont communities. Learn more from these WPTZ and CCTV stories.  

VAHC: House and Senate Tax Bills Will Decimate Affordable Housing In Vermont

The Vermont Affordable Housing Coalition (VAHC), a state leader in housing policy, research and advocacy, issued the following statement last week on the tax bill recently passed by the U.S. House of Representatives and under consideration in the Senate:

Vermonters weigh federal tax reform proposals

When the Senate and House released their initial tax reform proposals last week in Washington, Vermont's Congressional delegation went to work to protect valuable resources that are part of the tax code, such as private activity bonds and housing tax credits.  Tax programs are responsible for most affordable housing developed in Vermont in the past 30 years.

House Tax Bill ‘Would Have Devastating Impact on Affordable Housing in New England’

From the Vermont Affordable Housing Coalition -

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