2015 shows impact of VHFA tools for making homes affordable

By: Leslie Black-Plumeau
Throughout 2015, VHFA focused on finding new ways to help low- and moderate-income Vermonters share in the housing recovery. Almost all of the home buyers who used VHFA’s financing last year were taking the monumental step of buying their first homes. Some homes that were deteriorating after being foreclosed on by other lenders were fully renovated by VHFA through the Housing Acquisition and Rehabilitation Program and sold to qualified home buyers. For renters, VHFA supported the construction and rehabilitation of 458 affordable apartments in 14 communities across the state.
Read more in the VHFA 2015 Annual Report.