2015 shows impact of VHFA tools for making homes affordable
A bus from The Edge Kids & Fitness after school program brought 25 young helpers to VHFA yesterday for the Agency’s annual mitten stuffing. Aliya (pictured) and her fellow elves got right to work in VHFA’s board room, helping to stuff 175 sets of mittens, hats and gloves with candy. VHFA will deliver the bounty this afternoon to the Sara Holbrook Center and King Street Youth Center for distribution to local kids and teens in need.
VHFA sends out a big thanks to all of the knitters and shoppers who donated such high quality outerwear for this wonderful holiday event!
Two measures that help address the affordable housing needs of low-income Vermonters are likely to be passed in federal tax and omnibus spending bills on Capitol Hill this month.
The tax bill makes permanent the 9 percent minimum Low-Income Housing Tax Credit rate. A fixed minimum rate will bring much-needed predictability to the process of developing affordable rental housing.