Qualified Allocation Plan (QAP)

As administrator of the Housing Tax Credit program, Vermont Housing Finance Agency (VHFA) allocates credits to specific projects in accordance with Vermont's Qualified Allocation Plan (QAP), which is approved and signed by the Governor. The advisory Joint Committee on Tax Credits reviews and adopts allocation policies and reviews VHFA's performance.

2022-2023 Qualified Allocation Plan Updates

Updating the 2022-2023 QAP is nearing completion. As part of this work we held five informational sessions in August, September, and October. From the feedback we received in those sessions as well as from written comments, we have made additional proposed changes to the QAP. The written comment period closed on October 15th, 2020. The Joint Committee on Tax Credits approved the draft QAP on January 5, 2021. The draft QAP will be presented to the VHFA Board of Commissioners at the February 1, 2021 meeting for approval.

If you have questions or concerns, you may contact Development staff via email at developmentdept@vhfa.org or by mail at 164 Saint Paul Street, Burlington VT 05402.


Archive of previous Qualified Allocation Plans: