This week Vermont Housing Finance Agency (VHFA) received national recognition for pioneering the use of state housing tax credits to provide down payment assistance to low- and moderate-income Vermonters. Since the Vermont Affordable Housing Tax Credit was originally created in 2000 to fund creating and preserving affordable apartments for low income renters, VHFA led the effort to expand it to help two more types of underserved Vermonters: first-time home buyers and buyers of energy-efficient manufactured homes.
Vermont Housing Finance Agency wins national award for using state housing tax credits to help home buyers
By: Mia Watson