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Development

VHFA is hiring!

VHFA has three immediate job openings: Development Underwriter, Business Development Coordinator and Research and Communications Coordinator. 

Progress update on first year of Building Homes Together campaign

Vermont Governor Phil Scott speaks at press conference

Vermont Governor Phil Scott joined legislative and housing leaders in a press conference last week to update the public on the first year progress of the Building Homes Together campaign.

Goal

In an effort to increase the availability of affordable homes in Vermont, Champlain Housing Trust teamed up with Chittenden County Regional Planning Commission and Housing Vermont to set a goal of 3,500 new homes within 5 years, with 20% of them being permanently affordable.

VHFA seeks "Housing for All" investors: Historic initiative expected to create or rehabilitate 650 homes statewide

VHFA invited bids from investors Friday for the "Housing for All" initiative passed by Vermont lawmakers earlier this year.  The proceeds from this financing will be used to create and rehabilitate an estimated 650 rental and owned homes across the state.

McKnight Lane exemplifies Vermont's bold steps toward energy independence

The 14-unit McKnight Lane rental housing neighborhood in Addison County captured national attention this week as the New York Times spotlighted the bold initiatives of Green Mountain Power to reduce its customers' dependence on the electrical grid. 

Public meetings July 27 and July 31 will share information about state's new affordable housing bond program

Staff from the Vermont Housing and Conservation Board will outline specifics of the Housing for All initiative, the program funded with the state's recently-enacted bond for housing development.  VHFA will issue the revenue bond and the Vermont Housing and Conservation Board will administer the funds statewide to expand Vermont’s stock of permanently affordable housing. 

New improved Vermont Directory of Affordable Rental Housing goes live

Based on feedback from property managers and apartment seekers, VHFA launched this week a redesigned, user-friendly Vermont Directory of Affordable Rental Housing at www.housingdata.org. We improved search tools and expanded the site to include more information people looking for an apartment need, such as rent and income limits, property photos, proximity to public transportation, accessibility features and pet policies.  

Elm Place ribbon cutting

Governor Phil Scott joined by Executive Director Sarah Carpenter and others on June 5, cut the ribbon on the newly-constructed, 28,000 square foot Elm Place, an affordable residence for seniors, located in Milton.

Red Clover Commons ribbon cutting

Executive Director Sarah Carpenter joined Brattleboro Housing Partnerships and other agencies in Brattleboro, on May 25, 2017 to celebrate the opening of Red Clover Commons, a newly constructed 55-unit building for seniors and people with disabilities. These homes are intended to  replace units at Melrose Place which were severely damaged from Tropical Storm Irene in August 2011.

Affordable Housing Program application training 

Registration is open for AHP Application Training in Rutland, VT on June 21, 2017 or Bretton Woods, NH on June 29, 2017.

​New England Federal Credit Union gives $1 million for affordable housing

New England Federal Credit Union (NEFCU) President/CEO John J. Dwyer, Jr. announced today a $1 million grant from NEFCU to Vermont Housing Finance Agency (VHFA) to address the critical need for affordable housing. The money will be awarded by VHFA over the coming year to several housing developments that have funding shortfalls.

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