Last week, Vermont Housing Finance Agency (VHFA) joined Representative Peter Welch and housing partners in Winooski to celebrate the completion of Parc Terrace. The 46-apartment mixed-income project was developed by Summit Properties in collaboration with Dagesse Company. The $11.6 million project received federal housing Low Income Housing Tax Credits awarded by VHFA, which were sold to raise over $8 million in equity for construction.  

In the newest installment of VHFA's housing video series, VHFA Executive Director Maura Collins interviews Vermont Housing & Conservation Board Policy Director Jennifer Hollar on how federal American Rescue Plan Act pandemic recovery funding is being used to create new affordable homes for Vermonters.