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Housing in the news

VHFA awards millions in affordable housing tax credits for upcoming construction but rental housing proposals outweigh available credits 2 to 1

On Monday, April 17, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal Low-Income Housing Tax Credits (LIHTC) and Vermont Affordable Housing Credits that will provide almost $37 million in upfront equity to construct and renovate housing for low-income Vermonters over the next several years.  The $2.5 million in ten-year federal capped credits, $610,000 in ten-year federal u

$35 million bond would have long-lasting benefits

Housing developers, business leaders, smart growth policy experts and poverty advocates joined together to support the passage of a $35 million housing bond this afternoon at a press conference at Vermont’s State House in Montpelier. 

Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.

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NPR interviews Secretary Castro about transition to new HUD leadership

HUD Secretary Julian Castro described his hopes for the transition to new leadership during an interview with NPR yesterday. 

A congressional confirmation hearing, scheduled for Thursday, will provide an opportunity for nominee Ben Carson to share his goals for U.S. housing policy. 

Housing Credit is a model program

Since it was signed into law as part of the Tax Reform Act of 1986, the Low Income Housing Tax Credit (Housing Credit) has become our nation’s most successful tool for building and preserving affordable rental housing.  By providing an incentive for private sector investment, the Housing Credit has financed nearly 3 million apartments across the country for low-income workers, families, seniors, veterans, and those with special needs.  It creates opportunities for the millions of families and individuals in our country today who otherwise would pay an excessive portion of their income for h

Real Estate for Millennials event tonight at the Growler Garage in Burlington

Don't miss tonight's Burlington Young Professionals On Tap event  to learn about how to get started thinking about buying a home.  VHFA's Seth Leonard as well as other experts will be on hand to answer your questions and provide critical tips on buying a home in Vermont. 

Local realtor Blair Knowles described what the event has to offer and some of the challenges facing first time home buyers on WCAX last night.  

HUNDREDS CONVERGE AT STATEWIDE CONFERENCE TO EXPAND STABLE, AFFORDABLE HOUSING

BURLINGTON-The message to the hundreds of professionals gathered at the Hilton Burlington yesterday was loud and clear: A stable life starts with stable housing.  Scholars Kathryn Edin and Luke Shaefer described the poignant interviews they had with poor families before writing their renowned book “$2.00 A Day: Living on Next to Nothing in America.” 

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