Press Releases

Strong financial performance contributed to a rating upgrade from Aa2 to Aa1 for Vermont Housing Finance Agency (VHFA)'s multiple purpose social bonds from Moody's Investor Service last week. Aa1 is the second highest possible rating from Moody’s.

Vermont Housing Finance Agency (VHFA) joined Representative Peter Welch in South Burlington yesterday to announce a $4 million award from the federal government that will support the development of over 300 affordable apartments across Vermont over a three-year period.

Vermont Housing Finance Agency (VHFA) is pleased to announce that Seth Leonard, VHFA Managing Director of Community Development, has been selected for the Fulcrum Fellowship of the Center for Community Investment (CCI) at the Lincoln Institute of Land Policy.

The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced this week that its annual award of federal housing tax credits will support the construction of 109 permanently affordable apartments in five communities across the state. The sale of this year’s tax credits to investors is expected to yield nearly $25 million in funding, which will cover an estimated 55 percent of total project development costs. 

Governor Scott announces a new grant program, the Homeowner Assistance Program (HAP), which will help Vermont homeowners facing pandemic hardships. The program will be managed through the Vermont Housing Finance Agency (VHFA) and is now accepting applications.

The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced last week that its annual allocation of federal housing tax credits will support the construction of 105 permanently affordable apartments in five communities across the state. The sale of the credits is expected to yield over $26 million in funding, which will cover over 60 percent of total development costs. The program is the largest single funding source for affordable housing development in Vermont.

The Vermont program that helps homeowners who have fallen behind on their mortgage or property taxes during the COVID-19 pandemic will re-open on Monday, May 3, 2021.  The Mortgage Assistance Program will provide grants covering up to 12 months of past due mortgage payments and property taxes for eligible homeowners.  

The Congressional omnibus spending bill, passed at the end of December, had several key housing provisions, including emergency rental assistance and an extension of the period to use federal CARES Act funds.

Vermont Housing Finance Agency (VHFA) Executive Director Maura Collins was recently appointed to the National Council of State Housing Agencies (NCSHA) Board and Federal Home Loan Bank of Boston (FHLB) Advisory Council. These two organizations play a key role in shaping housing finance policy in New England and beyond.

Administration proposal lays groundwork to improve home affordability, lower energy costs, and reduce greenhouse gas emissions across Vermont