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VHFA News

Posted by: Mia Watson on December 18, 2017 - 10:16am

The federal tax reform conference report released Friday preserves tax-exempt private activity bonds (PABs), including Housing Bonds, both single-family (and MCCs) and multifamily, according to reports from the Novogradac and the National Council of State Housing Agencies.  PAB uses, authority, and carryforward rules are all unchanged as is the low-income housing tax credit program, the organizations reported.

 

The Senate and House are expected to vote on the final bill this week.  

 

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Posted by: Will White on December 14, 2017 - 3:48pm

BURLINGTON-Executive Director Sarah Carpenter announced that Vermont Housing Finance Agency (VHFA) has hired Zach Nelson of Burlington’s North End for the position of Business Development Coordinator-Homeownership.  Nelson comes to VHFA from the Burlington Free Press where he was an Account Executive.  “Zach’s background in developing marketing campaigns and digital marketing solutions will be valuable in marketing for the  Agency’s  mortgage products”, Carpenter remarked. In addition, Nelson will work with the Manager of Business Development to increase support to VHFA’s lending partners and consumers. 

VHFA is a non-profit agency created in 1974 by the Vermont Legislature to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 29,000 Vermont households with affordable mortgages and financed the development of approximately 8,800 affordable rental apartments.

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Posted by: Mia Watson on December 13, 2017 - 3:34pm

National Life Group has doubled their investments in charitable giving this year to 2 million dollars. Part of the National Life Group Foundation’s giving will support Main Street Grants, a new project designed to support revitalizing downtowns. As we all know, affordable housing is often a key component of strengthening our state’s downtowns. Municipalities, community partners, and housing organizations should go to National Life’s website soon to learn more about this exciting opportunity because applications are due at the end of December.

Posted by: Leslie Black-Plumeau on December 12, 2017 - 1:08pm

Vermont housing partners honored Connie Snow last week as she retires from her role as Executive Director of Windham & Windsor Housing Trust.  Snow has led the housing trust in this region for 30 years, since it was first established in 1987.  

Read more about Snow's accomplishments in this in-depth story from The Commons.  

 

Posted by: Leslie Black-Plumeau on December 11, 2017 - 9:51am

This holiday season VHFA is auctioning off many themed-baskets brimming with fabulous gifts and donating all proceeds to the United Way of Northwest Vermont.  We can’t think of a better, stress-free way to get your holiday shopping done!

Each beautiful basket is described fully at Bidding for Good.  Place your bid now and check back often before the bidding closes on Monday, December 18 at noon.  Bidding is simple with the easy account creation tool at Bidding for Good.
 
There are basket themes to suit everyone on your list, from “Family-Game Night” to “Chocolate Lovers” to a “Carhartt Basket” as well as many Vermont-themed products and services. 
 
Please feel free to share this email with all your friends and family.

Happy shopping!

 

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