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VHFA News

Posted by: maura on April 8, 2008 - 10:18am

Vermont Center for Independent Living is organizing a Universal Design Conference April 24 at the Doubletree Hotel in South Burlington.

VHFA, along with several statewide housing partners, are sponsoring the day-long event. The agenda will include a keynote speaker from Adaptive Environments, and breakout sessions on:

  • Design strategies for rehab and historic preservation
  • Your rights under Section 504 of the rehab act
  • Advanced ADA and Fair Housing
  • What's reasonable under Reasonable Accommodations
  • Barrier free design in single family homes
  • Making your housing portfolio accessible for the future

For registration information and more details, go to VCIL's conference Web page. For general information on Universal Design, check out our Web site.

Posted by: VHFA on April 8, 2008 - 8:11am

erin & joshCongratulations to VHFA Multifamily Operations Specialists Erin Philbrick and Joshua Slade for receiving their Tax Credit Specialist certification from the National Center for Housing Management (NCHM) — the result of three days of training and exams held in Boston last month.

Tax Credit Specialists exhibit a high level of knowledge of the federal Low Income Housing Tax Credit (LIHTC) program, which creates and preserves affordable rental housing for lower-income households.

In the program, owners of qualifying rental housing receive a reduction in federal tax liability over a 10-year period if they agree to certain operating restrictions for at least a 15-year period.

LIHTCs have produced most of the recently-developed affordable rental housing in Vermont.

You can search our database of LIHTC properties going back to 1987.

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Posted by: admin on April 7, 2008 - 10:39am

BURLINGTON—Executive Director Sarah Carpenter announced that Multifamily Operations Specialists Erin Philbrick and Joshua Slade were certified Tax Credit Specialists by the National Center for Housing Management (NCHM). The certification is the result of three days of training and exams held in Boston last month. Tax Credit Specialists exhibit a high level of knowledge of the federal Low Income Housing Tax Credit (LIHTC) program, which creates and preserves affordable rental housing for lower-income households. In the program, owners of qualifying rental housing receive a reduction in federal tax liability over a 10-year period if they agree to certain operating restrictions for at least a 15-year period. LIHTCs have produced most of the recently-developed affordable rental housing in Vermont. Philbrick joined VHFA in 2001. Slade joined in 2007. NCHM was founded by a presidential executive order in 1972 to provide training and certification to the nation’s housing professionals. Its headquarters are in Reston, Virginia. VHFA was created by the Vermont Legislature in 1974 to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 26,000 Vermont households with affordable mortgages and financed the development of 7,400 affordable rental units.

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Posted by: VHFA on April 7, 2008 - 9:22am

Save the date Friday, May 16 for an all-day workshop on Building Greener Affordable Housing in Vermont presented by VHCB.

The workshop will feature Andy Shapiro of Energy Balance Inc.

Andy's provided energy and other green building design consulting services for 25 years. He's also the Scientist-in-the-Classroom for the Vermont Energy Education Program, training teachers and students from elementary to high school since 1994. He holds an Engineering degree from Brown University and is the author of a number of energy-related publications.

The workshop will be held at the Central Vermont Chamber of Commerce in Berlin.

For more information, contact Rick DeAngelis, VHCB Associate Housing Director: 802.828.3526.

Posted by: VHFA on April 4, 2008 - 10:47am

world habitat award logoThe Champlain Housing Trust (CHT) is a finalist for the World Habitat Awards, sponsored by the Building and Social Housing Foundation, an international organization dedicated to innovation in affordable housing.

The awards are given as part of the United Nations' World Habitat Day and recognize "practical and innovative solutions to current housing needs and problems." Two staff members from the U.K.-based foundation will visit Vermont next week.

CHT's Community Land Trust model was selected as a finalist because of the way it brings housing opportunity to low- and moderate-income households while creating homes that are permanently affordable.

CHT is the only organization in the United States, and one of only two in North America, to be a finalist for this year's World Habitat Award.

"We are thrilled to receive this attention for our work," said Brenda Torpy, CHT CEO. "We are excited to show the judges just how effective our model of affordable housing is."

The visit begins April 9 and runs through April 11. On the schedule are meetings with the Mayors of Burlington and St. Albans, conversations at the homes of several CHT residents, a reception hosted by past and present Board members, a breakfast with local institutional and developer partners, and tours of housing in the region.

Representatives from NeighborWorks America's Boston office will participate in the site visit to provide the judges with an understanding of how CHT's work has inspired innovation nationwide. Leaders at statewide organizations such as the Vermont Housing Finance Agency and the Vermont Housing and Conservation Board will also take part in the three-day site visit.

"The community land trust model pioneered by Champlain Housing Trust provides permanent affordability and has become a cornerstone of Vermont's affordable housing policy. Working in cooperation with countless partners for more than 20 years, CHT has helped prove the model and bring it to scale," explained Gus Seelig of the Vermont Housing and Conservation Board. "This international achievement is a testament to all who have worked for and supported the innovative housing policies that enrich our communities."

"Champlain Housing Trust is an indispensible partner in Vermont's affordable housing effort," said VHFA Executive Director Sarah Carpenter. "Brenda and her staff have been exceptionally creative and dedicated for many years, and the benefits of all that hard work have been bestowed upon thousands of Vermonters and their families."

"We have had tremendous community support to build this model, and this recognition is one in which the broader community should be proud," said Torpy.

For more information about the World Habitat Awards, visit www.worldhabitatawards.org. Visit www.champlainhousingtrust.org for more information about CHT.

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