Programs
VHFA offers funding and loan programs to developers who are committed to creating and preserving housing for low- and moderate-income Vermonters.
The funding and loan programs that VHFA offers include:
- Predevelopment Loans
- Construction and Permanent Loans
- Housing Investments for Vermont (HIVE) loans
- Middle-Income Homeownership Development Program (MIHDP)
- Local Investment Advisory Committee (LIAC) partnership
- Rental Revolving Loan Fund (RRLF)
Acquisition, rehabilitation, construction and construction/permanent loans from VHFA are often made in conjunction with the allocation of federal housing tax credits. Most projects are funded through the issuance of tax-exempt bonds but also require public or private funding sources.
Schedule
Applications for VHFA financing (predevelopment loans, construction and permanent financing, and the Housing Investments for Vermont (HIVE) fund are accepted on a rolling basis unless paired with another type of VHFA financing in which case that schedule applies.
Contact VHFA
If you have questions and need more information about VHFA development loans, please email the Development Team or call (802) 864-5743.