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

Comments on the proposed 2022-2023 QAP can be submitted online or to developmentdept@vhfa.org. The written comment period will close on October 15th, 2020.

Informational Session:

We are in the process of updating the Qualified Allocation Plan (QAP) for 2022/2023. As part of this work we held four informational sessions in August and September. From the feedback we received in those sessions as well as from written comments, we will make additional proposed changes to the QAP. We are holding a final informational session on October 15th, 2020 prior to the Joint Committee on Tax Credits public hearings to solicit feedback on those changes.

Date and Time

Zoom Digital Meeting Link

Dial-in Option

October 15th:  10:00am-12:00pm

https://us02web.zoom.us/j/86507342250

1-646 558 8656
Meeting ID: 865 0734 2250

     

 A notice will be sent early in October when a new draft of the QAP is available for review.

Joint Committee on Tax Credits Public Hearing:

An advisory Joint Committee on Tax Credits (JCTC) reviews and recommends allocation policies for use when the VHFA Board of Commissioners award both federal and state Housing Credits.

There are two scheduled upcoming public hearings for the JCTC. The JCTC will then make a formal recommendation to the VHFA Board of Commissioners for the 2022 - 2023 Qualified Allocation Plan.

Date and Time

Zoom Digital Meeting Link

Dial-in Option

Agenda

October 29th:  

1:00 pm-5:00 pm

https://us02web.zoom.us/j/84357890165

1-646-558-8656

Meeting ID: 843 5789 0165#

Agenda - Oct. 29, 2020

November 10th

9:00 am-12:00 pm

https://us02web.zoom.us/j/81780024246

1-646-558-8656

Meeting ID: 817 8002 4246#

Agenda - Nov. 10, 2020

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: