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Housing policy

Bipartisan Policy Center recommends new funding and approaches to meet housing needs of seniors

A recent report from the Bipartisan Policy Center describes the need for a comprehensive national approach to integrating health care and housing for seniors.

Expanding federal housing credits would help more Vermonters find affordable housing

Faced with increasing numbers of low-income renters who lack affordable housing, VHFA and our counterparts from other states are working together to support a bill developed by Washington State Senator Maria Cantwell. The bill calls for a substantial expansion of the federal Low-Income Housing Tax Credit—the primary financing mechanism for affordable rental housing for the last 30 years.  

Legislature learns how to turn temporary down payment assistance program into self-funding tool for future home buyers

Vermont's House Committee on Ways and Means learned this morning about opportunities to transform a temporary statewide down payment assistance program enacted last year into a self-funding program that can help first-time home buyers for years to come.  VHFA's Executive Director, Sarah Carpenter, met with the committee this morning to explain how a legacy program could be created with the addition of four years of state housing credit funding. 

Federal HOME program saved through coalition-building and leadership

The recent federal budget agreement included the survival of a program that has become a vital funding source for affordable rental housing in Vermont--the HOME Investment Partnership Program.  When proposals arose earlier last year to deeply cut the program, the National Association of Housing Finance Agencies (NCSHA) HOME Coalition tirelessly and effectively gathered evidence of the program’s impact, documented its widespread support and educated federal policy makers.

Still time to voice your support for federal HOME program


The Algiers Village apartments renovated this year
in Guildford are just one of the many developments
in Vermont that relied on federal HOME funds.

VHFA's Sarah Carpenter discusses down payment assistance on CCTV

VT Affordable Housing Show
Sarah Carpenter and Erhard Mahnke, 10/7/15

Word of new down payment assistance program spreads to potential home buyers statewide


From R to L: Sarah Carpenter, Governor Shumlin
and Senator Baruth. Photo: M. Collins.

USDA Rural Housing Service Administrator visits VHFA to discuss plans and policies

Tony Hernandez, USDA Rural Development’s (RD) Rural Housing Service Administrator, visited VHFA to share his plans for RD’s programs and policies for the future. The roundtable format brought together 20 housing leaders from across the state including Rutland, the Northeast Kingdom, and northwestern Vermont.

Vermont's HUD Consolidated Plan under revision

The Vermont Department of Housing and Community Development posted a revised “second draft” of its proposed 2015-2019 HUD Consolidated Plan and 2015 Action Plan on March 26, 2015 with tracked changes from the earlier draft version published on March 12.  The document and information about the plan are available on DHCD’s website.

President Obama’s housing plan seeks better financing options for home buyers and rental housing

flagIn addition to federal FHA mortgage insurance program modifications, President Obama announced this week his support for other ways to improve the availability of affordable owner and rental housing, including several initiatives administered by VHFA and partner housing agencies i

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