VHFA intends to consider new projects for the federal 9% Housing Credit and Vermont State Housing Credits at the April 2016 VHFA Board of Commissioners meeting. In order to provide sufficient time to review the proposals from developers, VHFA must receive a complete application by January 29, 2016.
Complete applications include a proposed service plan and service budget as applicable. If you have questions regarding your service plan and/or budget, please contact staff directly prior to the application deadline. If you are planning to submit a project for tax-exempt construction or permanent financing in order to receive the 4% “Bond” Housing Credits and you intend to apply for state housing credits, you must submit that application by the same deadline.
The latest Qualified Allocation Plan and evaluation checklist can be found here. A pre-application meeting is required prior to the application submission. You can arrange a meeting appointment with staff directly. If you have any questions or comments, please contact either Joe Erdelyi or Josh Slade.