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Federal tax reform bill retains private activity bonds

The federal tax reform conference report released Friday preserves tax-exempt private activity bonds (PABs), including Housing Bonds, both single-family (and MCCs) and multifamily, according to reports from the Novogradac and the National Council of State Housing Agencies.  PAB uses, authority, and carryforward rules are all unchanged as is the low-income housing tax credit program, the organizations reported.

 

Zach Nelson joins VHFA as Homeownership Business Development Coordinator

BURLINGTON-Executive Director Sarah Carpenter announced that Vermont Housing Finance Agency (VHFA) has hired Zach Nelson of Burlington’s North End for the position of Business Development Coordinator-Homeownership.  Nelson comes to VHFA from the Burlington Free Press where he was an Account Executive.  “Zach’s background in developing marketing campaigns and digital marketing solutions will be valuable in marketing for the  Agency’s  mortgage products”, Carpenter remarked. In addition, Nelson will work with the Manager of Business Development to increase support to VHFA’s lending partners a

Main Street Grant applications due December 31

National Life Group has doubled their investments in charitable giving this year to 2 million dollars. Part of the National Life Group Foundation’s giving will support Main Street Grants, a new project designed to support revitalizing downtowns. As we all know, affordable housing is often a key component of strengthening our state’s downtowns.

Honoring 30 years of impact as Connie Snow retires from Windham & Windsor Housing Trust

Vermont housing partners honored Connie Snow last week as she retires from her role as Executive Director of Windham & Windsor Housing Trust.  Snow has led the housing trust in this region for 30 years, since it was first established in 1987.  

Read more about Snow's accomplishments in this in-depth story from The Commons.  

 

Online auction to benefit United Way of Northwest Vermont

This holiday season VHFA is auctioning off many themed-baskets brimming with fabulous gifts and donating all proceeds to the United Way of Northwest Vermont.  We can’t think of a better, stress-free way to get your holiday shopping done!

Vermont housing partners outline damaging impacts of proposed federal tax reform provisions

Housing partners seeking to improve opportunities for lower income Vermonters described this week why federal tax reform bills would make reaching this goal much harder and hurt Vermont communities. Learn more from these WPTZ and CCTV stories.  

Mia Watson joins VHFA as Research and Communications Coordinator

Executive Director Sarah Carpenter announced that Vermont Housing Finance Agency (VHFA) has hired Mia Watson of Essex Junction for the position of Research and Communications Coordinator.  Watson comes to VHFA from University of Vermont where she worked in the Administrative Business Center while completing a Masters of Public Administration.

“We are excited to have Mia back at VHFA after her graduate internship in our Research Department last year,” Carpenter remarked.

VAHC: House and Senate Tax Bills Will Decimate Affordable Housing In Vermont

The Vermont Affordable Housing Coalition (VAHC), a state leader in housing policy, research and advocacy, issued the following statement last week on the tax bill recently passed by the U.S. House of Representatives and under consideration in the Senate:

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