As administrator of the Housing Tax Credit program, Vermont Housing Finance Agency (VHFA) allocates credits to specific projects in accordance with Vermont's Qualified Allocation Plan (QAP), which is approved and signed by the Governor. The advisory Joint Committee on Tax Credits reviews and adopts allocation policies and reviews VHFA's performance.

2024-2025 Qualified Allocation Plan

The 2024-2025 Qualified Allocation Plan (QAP) will apply to projects that apply for Housing Tax Credits beginning October 1, 2023. The 2024-2025 QAP was approved by the VHFA Board of Commissioners in February 2023, and by the Governor of the State of Vermont in May 2023.

If you have questions or concerns, you may contact Development staff via email at [email protected] or by mail at 164 Saint Paul Street, Burlington VT 05402.

Archive of previous Qualified Allocation Plans: