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Housing policy

Rural housing finance: One size does not fit all

Unique features of rural housing require flexible national policies and financing programs, explains Executive Director Sarah Carpenter in her recent article for Rural Voices, a journal of the Housing Assistance Council.

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.

Chittenden County leaders call for increased production of housing over next 5 years

Building Homes Together  was launched yesterday. It is a collaboration of organizations and communities seeking to remedy some of the most pressing challenges in Chittenden County’s housing market.

“The housing shortage in Chittenden County has been well noted with unhealthy vacancy rates and high rents,” added Charlie Baker, Executive Director of the Chittenden County Regional Planning Commission. “Employers can’t find workers, and workers themselves spend more time in commutes and with a higher percentage of their paychecks on housing costs.” 

Bipartisan Policy Center recommends new funding and approaches to meet housing needs of seniors

A recent report from the Bipartisan Policy Center describes the need for a comprehensive national approach to integrating health care and housing for seniors.

Expanding federal housing credits would help more Vermonters find affordable housing

Faced with increasing numbers of low-income renters who lack affordable housing, VHFA and our counterparts from other states are working together to support a bill developed by Washington State Senator Maria Cantwell. The bill calls for a substantial expansion of the federal Low-Income Housing Tax Credit—the primary financing mechanism for affordable rental housing for the last 30 years.  

Legislature learns how to turn temporary down payment assistance program into self-funding tool for future home buyers

Vermont's House Committee on Ways and Means learned this morning about opportunities to transform a temporary statewide down payment assistance program enacted last year into a self-funding program that can help first-time home buyers for years to come.  VHFA's Executive Director, Sarah Carpenter, met with the committee this morning to explain how a legacy program could be created with the addition of four years of state housing credit funding. 

Federal HOME program saved through coalition-building and leadership

The recent federal budget agreement included the survival of a program that has become a vital funding source for affordable rental housing in Vermont--the HOME Investment Partnership Program.  When proposals arose earlier last year to deeply cut the program, the National Association of Housing Finance Agencies (NCSHA) HOME Coalition tirelessly and effectively gathered evidence of the program’s impact, documented its widespread support and educated federal policy makers.

Still time to voice your support for federal HOME program


The Algiers Village apartments renovated this year
in Guildford are just one of the many developments
in Vermont that relied on federal HOME funds.

VHFA's Sarah Carpenter discusses down payment assistance on CCTV

VT Affordable Housing Show
Sarah Carpenter and Erhard Mahnke, 10/7/15

Word of new down payment assistance program spreads to potential home buyers statewide


From R to L: Sarah Carpenter, Governor Shumlin
and Senator Baruth. Photo: M. Collins.

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