Next Thursday, February 2, 2012, Vermont's Joint Committee on Tax Credits will conduct a public hearing to discuss changes to the Qualified Allocation Plan (QAP) used to select the projects that will receive state and federal housing tax credits.
Housing tax credits have become the primary source of funding for the development of affordable rental housing in Vermont. As administrator of the state's housing credit program, VHFA awarded nearly $7 million in tax credits to 21 apartment projects in 2011 which will provide much needed housing to low and moderate income renters across the state.
The meeting will be held from 9-11 AM in the National Life Board Room in the National Life Building in Montpelier, Vermont. For more information, contact Joe Erdelyi, VHFA's Development Director, at [email protected].
Materials for Thursday's meeting, including a marked up version of the QAP, are available on-line:
QAP
Evaluation checklist
Smoke-Free Housing letter
Green building standards
Common rental application