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Top ten tax expenditures for housing in 2011

Of the 10 largest housing expenditures, by dollar cost, the Low-Income Housing Tax Credit is only 3%, according to an analysis reported by Novogradac yesterday.  By contrast, the five largest housing-related tax expenditures combined represent 93% of the ten largest housing-related tax expenditures in FY 2011. 

Housing Vermont secures $20 million in private capital for affordable housing development

From our partners at Housing Vermont: 

New neighbors in VHFA’s future?

Plans for the final development of the block across from VHFA’s offices took a leap forward recently.  On Tuesday, Burlington voters approved the creation of a tax increment financing district to help projects such as this in the cit

Treasury announces $35 million in New Markets Tax Credit awards for Vermont

Emphasizing the importance of economic recovery in distressed areas, U.S. Department of the Treasury's announced last week the award of $3.6 billion in New Markets Tax Credit (NMTC) nationwide, including $35 million for Vermont projects.  

Largest net zero energy community in the U.S. opens

In August 2011, the University of California at Davis welcomed the first residents of UC Davis West Village, a multi-use development that is expected to generate the same amount of energy that it consumes.

Common application streamlines process for Vermont renters

Many applicants for assisted rental housing in Vermont will now need only complete a single application as a beginning point in the process of applying for housing under the many dif

Architectural award goes to Gossen Bachman Architects for Windsor's Union Square

VHFA opposes South Burlington's interim zoning proposal

Today VHFA submitted comments to the South Burlington City Council in response to their consideration of a proposed Interim Zoning ordinance.

Materials available for next week's QAP public hearing

Next Thursday, February 2, 2012, Vermont's Joint Committee on Tax Credits will conduct a public hearing to discuss changes to the Qualified Allocation Plan (QAP) used to select the projects that will receive state and federal housing tax credits.

Affordable homes under construction in Manchester

With among the highest average home prices in the state, the town of Manchester, Vermont, seems that perfect the location for New England's largest community of homes built through Habitat for Humanity.

Volunteers and community developers and planners are building 22 homes that will be sold with price tags affordable to moderate and lower income families.

See coverage from WCAX.


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