Vermont Housing Finance Agency (VHFA) joined Representative Peter Welch in South Burlington yesterday to announce a $4 million award from the federal government that will support the development of over 300 affordable apartments across Vermont over a three-year period.
The Middle-Income Homeownership Development Program provides financial incentives and resources to support the construction or rehabilitation of modest homes for purchase by Vermont households earning up to 120% of the Area Median Income (AMI). The program includes two components:
VHFA has welcomed Madelyn Stoen and Minelle Sarfo-Adu to the Agency as summer interns.
University of Iowa graduate student Madelyn Stoen (she/her) has been named the Summer 2022 Vermont Housing Fellow. Stoen is pursuing a M.S. Urban and Regional Planning with a concentration in Community and Housing Development and an M.P.H. with a focus on Community and Behavioral Health. She has previously interned as an Eviction Prevention Specialist for Iowa’s emergency COVID-19 rental assistance program. She has a B.S. Global Health Studies and a B.A. Ethics and Public Policy from the University of Iowa.