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Ribbon cutting-Ground Breaking

Elm Place ribbon cutting

Governor Phil Scott joined by Executive Director Sarah Carpenter and others on June 5, cut the ribbon on the newly-constructed, 28,000 square foot Elm Place, an affordable residence for seniors, located in Milton.

Red Clover Commons ribbon cutting

Executive Director Sarah Carpenter joined Brattleboro Housing Partnerships and other agencies in Brattleboro, on May 25, 2017 to celebrate the opening of Red Clover Commons, a newly constructed 55-unit building for seniors and people with disabilities. These homes are intended to  replace units at Melrose Place which were severely damaged from Tropical Storm Irene in August 2011.

Bradley House renovations celebrated in Brattleboro

VHFA supported the renovation and expansion of Bradley House in Brattleboro with the commitment of a $3.1 million construction loan and its staff was gratified to attended the project's ribbon-cutting ceremony Monday.

Burlington celebrates opening of apartments and Daystation for Vermonters facing homelessness

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.

Applications for federal and state housing credits due February 10

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, 2017Housing credits are the largest source of funding in Vermont for building and renovating affordable rental housing. 

Bennington celebrates rehabilitation of historic buildings through affordable housing

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.  

Twenty-three affordable apartments constructed in Hinesburg

Champlain Housing Trust opened a new apartment complex last week in Hinesburg constructed by Snyder Homes. The 23-unit complex includes 1, 2 and 3 bedroom units with rents ranging from $800 to $1,200 per month.

Federal and state housing tax credits allocated by VHFA provided 64% of the funding needed for the project's development. Additional partners included Vermont Housing Conservation Board, Vermont Community Development Program, the federal HOME program and Housing Vermont.

Vermont housing leaders advise HUD Secretary on importance of federal support, coordination, flexibility and working effectively in rural areas

At the invitation of Senator Patrick Leahy, U.S. Department of Housing and Urban Development Secretary Julian Castro visited Burlington yesterday to meet with the state’s housing leaders and attend a ribbon-cutting at the new Bright Street affordable housing project.

Housing tax credits help renovate Lyndonville's Darling Inn


From L to R: Ted Brady (USDA), Jenny Nelson (Senator Sanders
office), Werner Heidemann (RuralEdge), Senator Leahy, Jen Hollar
(VHCB) and Sarah Carpenter (VHFA).  Photo by Elwin Prescott.

Metamorphosis begins for once-decaying mobile home park near Vergennes

After sitting vacant for six years, the Gevries mobile home park in Addison County has started redevelopment.  VHFA provided housing tax credits that will cover an estimated 60 percent of the project’s costs and ensure that the new 14-home community will be affordable for low-income renters of all ages. By installing VERMOD high-performance duplex homes, developers Cathedral Square Corporation and Addison County Community Trust anticipate that the neighborhood will achieve net-zero annual energy costs, another critical component of its long-term affordability. 

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