VHFA joined housing partners in Stowe this week to celebrate the completion of Phase 1 of the River Bend Apartments project. The first phase of the project, developed by Lamoille Housing Partnership and Evernorth, includes nine newly constructed affordable apartments on Maple Street in Stowe. The project received federal tax credits and a loan awarded by VHFA, as well as a loan from VHFA’s Housing Investment Fund (VHIF).

“Projects like this one are easy when you have so many amazing partners working towards the same goal,” remarked VHFA Executive Director Maura Collins.

**Update 6/24/2022: Review draft program guidelines. 

On June 30th, from 1:00-2:30 pm, Vermont Housing Finance Agency (VHFA) will host a web forum to review proposed guidelines and key components of the Missing Middle Homeownership Development Program. This session will offer an opportunity for comments and feedback on how the Missing Middle Program will be implemented. 

Last week, VHFA joined Governor Scott and housing partners in Colchester for a groundbreaking ceremony at Stuart Avenue Apartments. The project, developed by Champlain Housing Trust (CHT) and Evernorth, will create 36 new apartments as part of the Sunderland Farms master development at Severance Corners. The project will receive the majority of its funding from federal credits awarded by VHFA.