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Multifamily management

Fair market rents rise in every Vermont county

On October 1, 2016, the Fair Market Rents in every Vermont county will go up.  Fair Market Rents

The critical, and mathematical, role of tax credits and other sources in housing low-income Vermonters

Ever wonder why it's not easier to build affordable apartments?  A new interactive tool developed by the Urban Institute illustrates the mathematical necessity of tax credits, loans, tenant income/rent and grants in paying for the costs of affordable housing.  Check it out to see if you can make the math work!

Need an affordable apartment?

Need an affordable apartment or know someone who does?

Need an affordable apartment?

Need an affordable apartment or know someone who does?

Fair Market Rents revised up 16 percent in Burlington metro area

Thanks to a local survey commissioned by Vermont State Housing Authority,  the Fair Market Rent standards used for HUD's Section 8 Housing Choice Vouchers in Chittenden, Franklin and Grand Isle counties will be revised upward effective today.  The levels established in December 2015 by HUD were 16 percent lower than the new levels. 

The survey of rents in the Burlington metro area was funded by VHFA and other partner agencies.  Read more.

Need an affordable apartment?

Need an affordable apartment or know someone who does? There are vacancies in 20 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

Efficiency Vermont warns shoppers about low-quality LEDs

Efficiency Vermont is warning consumers about low-quality, non-certified LEDs that have recently started to flood the lighting market. These products may not perform when it comes to light quality, energy savings, and lifetime. By choosing an ENERGY STAR® certified LED bulb, shoppers can rest assured they are getting the highest-quality product with guaranteed savings.

Read more 

 

Need an affordable apartment?

Need an affordable apartment or know someone who does? There are vacancies in 11 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

HUD’s 2016 Fair Market Rent standards are effective tomorrow

Earlier this week, HUD published the final 2016 Fair Market Rent standards that will take effect as of tomorrow, December 11, 2015. FMRs are intended to represent the dollar amount below which 40 percent of the standard-quality rental housing units in an area are rented. They are used in HUD rental assistance programs, including the Section 8 and HOME programs.

Vermont recognized as model for preservation of affordable rental housing

Housing preserved by federal and state tax credits -- awarded by VHFA – was recently highlighted as a national example of effective use of public dollars. The $12 million in equity raised by the credits, along with other efforts led by VHFA to keep apartments in the Bobbin Mill and Wharf Lane buildings near Burlington’s waterfront affordable, are the subject of a recent HUD newsletter

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