Events

There were smiles a plenty in Putney Thursday as the community celebrated the renovation of the historic Plantz house at 27 Old Depot Road. The apartments will be managed by Windham and Windsor Housing Trust who oversaw the renovation process.

According to VHFA’s Sarah Carpenter who attended the celebration, “we were delighted to provide Low-Income Housing Tax Credits to help create the equity for such a worthwhile project.”  Many other funders were involved in the project including Housing Vermont and Historic Tax Credits.   

Tony Hernandez, USDA Rural Development’s (RD) Rural Housing Service Administrator, visited VHFA to share his plans for RD’s programs and policies for the future. The roundtable format brought together 20 housing leaders from across the state including Rutland, the Northeast Kingdom, and northwestern Vermont.

NORTHFIELD—Governor Shumlin signed legislation today that will help Vermonters buying their first home through VHFA by providing up to $5,000 for qualified buyers to cover the costs typically faced at closing due to down payment and closing costs. 

The new down payment assistance program is part of a larger economic development bill, passed by the Vermont Legislature in the final days of the session.  The program will be available through VHFA’s network of participating lenders late this summer.

Please join the Vermont Community Development Association (VCDA) for its Spring Conference on Thursday May 14, 2015, at The Lyons Den in Randolph, Vermont. The theme is Age Friendly Communities - Possibilities, Challenges and Social & Economic Benefits. VCDA provides Vermonters education and networking opportunities in Community Development. VHFA is proud to be a gold sponsor for this event. Fill out the registration form today.

On May 4th at 10am, Governor Shumlin will be joining Champlain Housing Trust and Housing Vermont to announce state and federal grant awards for their efforts to preserve the affordability and invest in energy efficiency at Winchester Place in Colchester.

Here is a great letter from Gina Berry, a Resident Service Coordinator (RSC), about what RSC's do. Gina Berry has been a RSC for eight years and writes about how 90% of her time is spent "among other others." Her job as an RSC requires her to work on a number of different tasks every single day. It is not easy to desribe all the things RSC's do but she writes that she does it because she loves it.

On Monday, April 20, the VHFA Board of Commissioners committed $2.55 million in federal low-income housing tax credits and $432,500 in state housing tax credits to expand Vermont’s stock of affordable, energy-efficient housing.  The tax credits will generate approximately $23.5 million in upfront equity for the construction and rehabilitation of 452 primarily rental homes across the state, guaranteed to remain affordable for at least 30 years.   

Caryl Stewart, founder and president emeritus of Opportunities Credit Union passed away at the age of 85 on Saturday, March 28, 2015, after a short illness. 

Bill Hauke, responsible for much of the moderately-priced, modest sized single-family housing stock in the Burlington area, died on April 1, 2015, after battling leukemia for 8 years.