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VHFA awards millions in affordable housing tax credits for upcoming construction but rental housing proposals outweigh available credits 2 to 1

On Monday, April 17, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal Low-Income Housing Tax Credits (LIHTC) and Vermont Affordable Housing Credits that will provide almost $37 million in upfront equity to construct and renovate housing for low-income Vermonters over the next several years.  The $2.5 million in ten-year federal capped credits, $610,000 in ten-year federal u

$35 million bond would have long-lasting benefits

Housing developers, business leaders, smart growth policy experts and poverty advocates joined together to support the passage of a $35 million housing bond this afternoon at a press conference at Vermont’s State House in Montpelier. 

Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.

Burlington celebrates opening of apartments and Daystation for Vermonters facing homelessness

Governor Phil Scott joined Congressman Peter Welch, Burlington Mayor Miro Weinberger and many other supporters to celebrate the opening of 14 new apartments for people facing homelessness and a newly rebuilt Daystation and Housing Resource Center.  The Committee on Temporary Shelter (COTS) will oversee the apartments and operate the Daystation and Housing Resource Center, all of which are located at 95 North Avenue in Burlington’s Old North End neighborhood.

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April is Fair Housing Month!

Please join VHFA and other housing leaders in celebrating April as Fair Housing Month! To honor the importance of Fair Housing activities in Vermont, all are welcome to the State House on Tuesday, April 4th where there will be information in the Card Room all day as well as fair housing experts on hand to answer questions or discuss recent initiatives. At 10 am there will be a reading of a Concurrent Resolution endorsing April as Fair Housing month.

VHFA ranked again among top 5 best small places to work in Vermont

VHFA is ranked again in the top five Best Places to Work among small and medium sized companies across the state by the Vermont Business Magazine. After receiving the honor of the top spot in 2016, VHFA was ranked fourth for 2017.  The award was made last night at the DoubleTree Hotel in South Burlington where Governor Phil Scott and hundreds of employees from the 45 companies ranked as finalists gathered. 

Vermont's housing and community development priorities proposed for upcoming year

The Vermont Agency of Commerce and Community Development recently published its Draft 2017 Annual Action Plan and Draft Vermont National Housing Trust Fund Allocation Plan for comment.  These and other consolidated planning materials are available on ACCD's website

VHFA is hiring!

VHFA has an immediate opening for a Multifamily Housing Management Officer. Named Vermont's Best Small Place to Work in 2016, we are looking for an individual who will help us maintain our great reputation, and who demonstrates a strong work ethic, is creative, puts customers first, and works well both independently and as a team player.

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