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VHFA News

By: Leslie Black-Plumeau on 5/7/2020

The Local Support and Community Action Team of the State of Vermont Economic Mitigation and Recovery Task Force needs your help prioritizing high impact ideas and actions identified by diverse stakeholders for COVID-19 recovery.  The task force was established by Governor Scott to help mitigate the short-term economic impacts of the COVID-19 pandemic and develop strategies for long-term business and community recovery. 

Please share your views in this quick survey on or before Tuesday, May 12th.

We also encourage you to forward this survey to your peers and network.  Coordination, connection and collective action to prioritize and implement Vermont’s best ideas are the keys to a swift recovery, achieved together.

Local Support and Community Action Team members:

  • Paul Costello, Team Chair & Executive Director, Vermont Council on Rural Development
  • Xusana Davis, Executive Director of Racial Equity, State of Vermont
  • Oliver Olsen, Former Legislator & Director, Workday, Londonderry
  • Maura Collins, Executive Director, Vermont Housing Finance Agency
  • Rich McSheffrey, Co-owner, Cornerstone Restaurant Group, Montpelier
  • Ed Vilandrie, Founder, Altman Vilandrie & Company, co-owner Kingdom Taproom, Peacham
  • Sarah Waring, Vice President for Grants and Community Investments, Vermont Community Foundation
  • Catherine Dimitruk, Executive Director, Northwest Regional Planning Commission
  • Nick Richardson, President, Vermont Land Trust

 

 

By: Caroline Rubin on 5/6/2020

Are you or is someone you know in need of an affordable apartment? According to the Vermont Directory of Affordable Rental Housing, there are current vacancies in 47 affordable housing complexes throughout the state. Learn more about specific units by clicking on the development name below, or by visiting the vacancy profiles on the website. 

Property Namesort descending Street Address City/Town Vacant Units Apts restricted to elderly and/or tenants with disabilities
14 Birge Street 14 Birge Street Brattleboro 1 0
34 Canal Street 34 Canal Street Brattleboro 1 0
Abbott Neighborhood Housing 10 & 18 Canal Street; 172 Elliot Street and 12 & 16 Horton Place Brattleboro 1 0
Arlington Village Center Apartments 3658 - 3662 VT Route 7A Arlington 2 1
Barre Street Apartments 39-40 Barre Street Montpelier 4 0
Ben South 120-126 Benmont Avenue and 501-507 South Street Bennington 1 0
Bennington Historic 50 & 100 Carrigan Lane, 316-318 Safford Street, 233 School Street and 119-121 Pleasant Street Bennington 2 0
Bianchi Apartments 208 Barre Street Montpelier 1 0
Brookview Apartments 650 Bugbee Street Hartford 2 0
Caledonia Housing 279 Spring; 380 Portland Street; 139 Pearl Street; 72 High Street; 767 Railroad Street; 211 Winter Street; 78 Hastings Hill; 77 Barker Avenue St. Johnsbury 6 0
Canal Street Veterans Housing 120 West Canal Street Winooski 4 0
Cathedral Square Senior Living 3 Cathedral Square Burlington 11 11
Colonial Village 59 & 63 S Pleasant St and 94 & 128 S Main St Bradford 1 2
Conant Square Inn Apartments 30 Conant Square Brandon 1 1
Cora B. Whitney 814 Gage Street Bennington 1 1
Country Park 635 Hinesburg Road South Burlington 1 1
Cummings Street Apartments 21-25 Cummings Street Montpelier 2 0
Downstreet Apartments 22 Keith Avenue Barre City 1 0
Downtown Crossing 302 & 304 South Street and 343 - 349 School Street Bennington 1 0
French Block Apartments 34 Main St Montpelier 2 0
Green Mountain Seminary 201 Hollow Rd Waterbury 3 0
Highgate Apartments Highgate Drive Barre City 9 0
Hillside SRO 17 & 21 Northfield Street Montpelier 3 0
HUNT FARM HLP 2066 - 2070 Hunt Farm Road Bristol 3 0
Island Pond 19 Walnut Street, 190 Derby Street, 74 Mountain Street, 84 Elm Street Brighton 1 0
Jeffersonville Bond - Senior 115 Mann's Meadow Cambridge 1 0
Johns River Apartments 22 Caswell Avenue, 22 & 29 West Street Derby 1 0
Joslyn House 16 Maple Street Randolph 4 0
Keen's Crossing 65 - 85 Winooski Falls Way; 15 Cascade Way and 16 Abenaki Way Winooski 3 0
Mad River Meadows 144 Butcher House Drive Waitsfield 2 2
Manchester Commons Housing 119, 120, 135 & 150 Torrey Knoll Manchester 3 0
Newport Senior Housing 107 & 119 Main Street Newport City 1 0
North Branch Apartments 87 & 89 Elm Street; 6 & 8 Monsignor Crosby Ave and 47 Barre Street Montpelier 5 0
Norwich Senior Housing 4 Dorrance Drive Norwich 1 1
Park House 16 Park Row Box 4 Rochester 4 0
Passumpsic South 16, 40, 66, 84, 118, 182 & 200 Main Street St. Johnsbury 1 0
River Station Apartments 191 Barre Street Montpelier 3 0
Riverview Apartments 73 Westminster Street Rockingham 1 0
Roaring Branch 132-134, 136-138 & 140-142 Benmont Avenue and 100-111 & 113-115 Roaring Branch Lane Bennington 1 0
South Main Apartments 36 State Dr. Waterbury 2 0
Thayer BTS 29-35 Conant Square, 149 Mulcahy Drive Brandon 1 0
Tontine 500 Coolidge Hwy Guilford 1 0
Vermont Arts Apartments - Shaftsbury 10-12 & 14-16 Greenwich Street Shaftsbury 2 0
Waits River Apartments 64, 68, 108, 234, 245 South Main Street; 33 South Pleasant Street and 25 Cobblestone Street Bradford 1 0
Wentworth Community Housing LP 117 Wentworth Way Hartford 2 0
Wheeler Brook Apartments 19, 31 & 71 Wheeler Brook Drive Warren 1 0
Winooski River Apartments 11 Bailey Avenue; 15 Baldwin Avenue and 37 Barre Street Montpelier 3 0
By: Leslie Black-Plumeau on 5/1/2020

Statewide reports of rising unemployment and residents in nursing homes especially vulnerable to COVID-19 can cause more questions than answers for Vermont’s communities. How many of our residents are unemployed?  How many live in “group quarters” and are especially at risk of contagious disease like COVID-19? How many of our neighbors experience homelessness or have such high housing costs relative to their incomes that their housing stability is at risk if their income falls?   

This week VHFA released a new dashboard of pandemic impact indicators to help local and state decision makers get answers to questions on community, county and state level effects of COVID-19.

Indicators related to economic distress caused by the pandemic, such as weekly unemployment claims and monthly unemployment rates, already show disparate regional impacts. For example, despite its much smaller population, the Rutland area has nearly the same number of unemployed residents as the Burlington area.  

New unemployment information from the Vermont Department of Labor is added to the dashboard each week. Other sources of town, county and state level information pulled by the dashboard include the latest Census Bureau estimates about at-risk living situations, broadband access from the Vermont Department of Public Service, and direct links to Vermont Department of Health’s latest information on COVID-19 cases.

By: Mia Watson on 4/30/2020

Executive Director Maura Collins announced that Vermont Housing Finance Agency (VHFA) has selected Brittany Thurlo as its new Legal Coordinator.

Thurlo comes to VHFA from Colorado, where she worked as a paralegal at several Denver companies, with a focus on corporate and real estate law.

“Brittany’s extensive experience in providing legal support will be a valuable addition to the Agency’s staff,” Collins remarked. “We especially appreciate her flexibility as she joins our team remotely during the unusual circumstances caused by the COVID-19 pandemic.”

As Legal Coordinator, Thurlo will assist the Agency's General Counsel in providing legal advice and performing legal functions, including oversight of corporate records management, program and procedure compilation, the closing of multifamily mortgage loans and Agency bond issuances, and the coordination of VHFA Board meetings.

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By: Mia Watson on 4/27/2020

The Federal Home Loan Bank of Boston (FHLBB)'s 2020 Affordable Housing Program (AHP) will begin to accept applications on June 8, 2020.  The program will award approximately $18.1 million in grants and low-interest loans through member institutions to organizations promoting homeownership and rental housing opportunities for low income households. This funding will support critical housing resources during this public health emergency and will help ensure that projects can move forward once construction resumes.

To assist applicants, FHLB Boston will be hosting a series of online trainings and Q&A sessions from May 19 through July 8. The online trainings will cover all aspects of the application, including important information about program changes. 

Visit the AHP Forms & Applications page for application information and documentation. For any additional questions, contact your your Community Investment Manager in the Housing & Community Investment Department at FHLBank Boston. The online application round closes July 30. 

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