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 September 29, 2016 - 2:49pm
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.
Submitted by Leslie Black-Plumeau on September 2, 2016 - 11:03am
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.
Submitted by Leslie Black-Plumeau on May 10, 2016 - 9:38am
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.
Submitted by Leslie Black-Plumeau on May 5, 2016 - 9:16am
Executive Director Sarah Carpenter joined partners from Cathedral Square and other agencies to launch construction of Elm Place, a 30-unit building for seniors in Milton. Elm Place will be Vermont’s first multi-family building certified to Passive House standards. Better windows and doors, added insulation and improved air sealing are expected to enable the building to use roughly 65 percent less energy.
Submitted by Leslie Black-Plumeau on September 24, 2015 - 9:28am
Governor Shumlin joined Woodstock residents, local officials, and statewide housing partners yesterday to celebrate the creation of 28 new affordable rental apartments at the Safford Commons complex. Safford Commons is on the site of the former Grange Hall and church on Route 4 in Woodstock. While 24 of the new apartments are in newly-constructed buildings, four are in the buildings that already stood on the site
Submitted by Marina Demas on September 2, 2015 - 2:29pm
Brattleboro Housing Partnership and Housing Vermont broke ground this past Monday on a 55-unit affordable housing project. These two organizations have partnered together to build Red Clover Commons, a three-story senior housing complex located on a 2.8-acre site in Brattleboro.