Accessibility Matters is offering an online training program called “Home Sweet Accessible Home: Mitigating Liability in Accessible / Adaptable Multifamily Housing” on October 10th, 12th or 19th, 2016.
Learn more and register.
By: Leslie Black-Plumeau
Accessibility Matters is offering an online training program called “Home Sweet Accessible Home: Mitigating Liability in Accessible / Adaptable Multifamily Housing” on October 10th, 12th or 19th, 2016.
Learn more and register.
By: Leslie Black-Plumeau
Champlain Housing Trust opened a new apartment complex last week in Hinesburg constructed by Snyder Homes. The 23-unit complex includes 1, 2 and 3 bedroom units with rents ranging from $800 to $1,200 per month.
Federal and state housing tax credits allocated by VHFA provided 64% of the funding needed for the project's development. Additional partners included Vermont Housing Conservation Board, Vermont Community Development Program, the federal HOME program and Housing Vermont.
By: Leslie Black-Plumeau
In Vermont, the federal Low-Income Housing Tax Credits allocated by VHFA have financed 6,513 apartments, providing affordable homes to 15,175 low-income Vermont households and supporting 7,360 jobs.
By: Leslie Black-Plumeau
In response to declining housing affordability in many parts of the country, the White House released a report this week on best practices for reducing local housing development barriers. The accumulation of these barriers has reduced the ability of many housing markets to respond to growing demand, the report explains.
By: Leslie Black-Plumeau
Demand for apartments and denser neighborhoods is driving home construction in Chittenden and Franklin counties this year according to a recent article in Vermont Business Magazine that surveyed area builders and housing experts, including VHFA Executive Director Sarah Carpenter.
Carpenter explained that "more people are delaying the purchase of their first home and that in turn has put pressure on the rental market."
By: Leslie Black-Plumeau
Ever wonder why it's not easier to build affordable apartments? A new interactive tool developed by the Urban Institute illustrates the mathematical necessity of tax credits, loans, tenant income/rent and grants in paying for the costs of affordable housing. Check it out to see if you can make the math work!
By: Leslie Black-Plumeau
By: Leslie Black-Plumeau
Lack of affordable housing is the community challenge that survey respondents are most concerned about, according to the recently released 2016 Community Health Needs Assessment. Among survey respondents, 58.3 percent rated lack of affordable housing as the top concern, followed by 52.5 percent for drug and alcohol abuse.
By: Leslie Black-Plumeau
“I want more...” explains VHFA’s Director of Policy and Administration Maura Collins in a recent letter to the editor of the Essex Reporter. Collins is a long-time resident of Essex Junction who felt it was time to share her ideas about future expansion of the Junction’s housing stock and population.
“We see beauty in the new faces, appreciate the increasing diversity of housing types and residents, and want to champion thoughtful growth…. We want more...” writes Collins.
By: Leslie Black-Plumeau
After sitting vacant for six years, the Gevries mobile home park in Addison County has started redevelopment. VHFA provided housing tax credits that will cover an estimated 60 percent of the project’s costs and ensure that the new 14-home community will be affordable for low-income renters of all ages. By installing VERMOD high-performance duplex homes, developers Cathedral Square Corporation and Addison County Community Trust anticipate that the neighborhood will achieve net-zero annual energy costs, another critical component of its long-term affordability.