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Federal housing tax credits help create new affordable apartments in Shelburne

Posted by: Leslie Black-Plumeau on 9/12/2014

P7100008 (2)The 78 recently-completed apartments at the Harrington Village and Wright House developments in Shelburne will help area households keep their housing costs affordable. Funded largely through housing tax credits provided by VHFA, the apartments are a much-needed addition to the area’s tight rental housing stock.

The buildings were developed through a collaboration of three non-profits: Housing Vermont, Cathedral Square Corporation and Champlain Housing Trust.  In addition to housing credits, VHFA also provided construction financing and a permanent loan for Wright House.

Learn more in the coverage from WPTZNew England Cable News, Vermont Affordable Housing Coalition and Vermont Business Magazine.