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

The QAP was adopted by the VHFA Board of Commissioners on February 1, 2021 and has been approved by Governor Scott. It went into effect on October 1, 2021.

VHFA held an information session on September 23rd to review the changes to the 2022/2023 Qualified Allocation Plan (QAP) that will be in effect for the next Low Income Housing Tax Credit (LIHTC) application round. During the meeting, Staff went over significant changes from the 2020/2021 QAP and discussed the application process and timeline for the upcoming award round. Below is a link to the PowerPoint slideshow from the 2022/2023 QAP information session:

If you have questions or concerns, you may contact Development staff via email at [email protected] or by mail at 164 Saint Paul Street, Burlington VT 05402.

 

Archive of previous Qualified Allocation Plans: