VHFA announces innovative funding and state tax credit awards for 254 homes
Hickory Street in Rutland
Chad Simmons

Last week, the Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded Vermont State Affordable Housing Tax Credits for homeownership development projects across the state. Once sold to investors, the credits will yield nearly $3 million in equity for downpayment assistance for newly constructed or substantially rehabilitated single-family homes as well as energy-efficient manufactured homes. Additionally, Commissioners awarded more than $8.5 million as part of the Missing Middle-Income Homeownership Development Program, which will create 180 homes across the state.

Chad Simmons
September 26, 2023
Permanent Supportive Housing Assistance Program survey now open
Survey Link
Chad Simmons

The Vermont Agency of Human Services (AHS) is currently designing the Medicaid Permanent Supportive Housing (PSH) Assistance Program. This new program is for adults who have Medicaid and who meet certain health and risk criteria. The Program will provide people with access to help getting and keeping housing as well as the support services and connection to resources that provide rental assistance. 

Chad Simmons
September 8, 2023
FEMA seeks information from residential multi-family rental property owners
Manns Meadow Flooding

Many Vermont households were displaced after July’s flooding and are in need of housing. The Federal Emergency Management Agency (FEMA) is seeking information from current rental/residential, multi-family property owners and managers in order to provide temporary housing to eligible FEMA applicants. FEMA’s Multi-family Lease and Repair (MLR) program is a form of temporary housing assistance to repair or make improvements to existing multi-family residential properties and offered as temporary housing to eligible households impacted by the flooding.

Chad Simmons
September 1, 2023
Missing Middle-Income Development Program Reopens
Stafford Commons

The Missing Middle-Income Homeownership Development Program (Missing Middle) recently received an additional $9 million through the Fiscal Year 2023 State Budget Adjustment Act. This funding is available to both applicants who previously submitted applications earlier this year as well as new applicants to the program.

Chad Simmons
May 17, 2023
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