QAP changes proposed; public hearing scheduled

The recently enacted Federal Housing and Economic Recovery Act of 2008 (HR 3221) contains a number of reforms, including changes that will affect the Housing Credit program.

VHFA has proposed additional changes to Vermont's Qualified Allocation Plan (QAP), not initiated by this legislation but based on other policy changes, feedback, and program experience.

These changes pertain to:

HAC presents free workshops

The Housing Assistance Council (HAC) is presenting two free events in our region in August.

"Building Green for Rural Communities" is a day-and-a-half roundtable and tour taking place starting at 2 p.m. Aug. 11.

"Single-Family Housing Development" is a two-day event running Aug. 13-14. Sponsored by HUD, it's open to CHDOs and many CHDO-eligible organizations.

Green building and design standards published

green building coverVHFA has just published our Green Building and Design Standards for housing developers.

The standards, which were approved by VHFA's Board of Commissioners on April 7, encourage developers who apply for VHFA financing and Housing Credits to embrace green practices, materials and design in the planning and construction of their buildings.


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