On March 4, HUD released a Notice of Funding Availability for the Section 811 Housing for Persons with Disabilities Program. VHFA will be applying on behalf of Vermont in partnership with the Agency of Human Services. This program has changed from being a capital source for buildings occupied only by younger people with disabilities to a project based rental assistance program where no more than 25% of the project’s units can be designated as for people with disabilities under 62. It must be used in already affordable housing, including tax credit properties where the rents are not low enough for someone on SSI.
To make sure we are creating a program that is strong, efficient, and realistic, we are inviting affordable housing owners and managers to VHFA’s offices to discuss the program and VHFA’s proposal. We’d like to discuss, in some detail, what would be required of housing projects that receive this funding to gauge interest, identify potential sites where this funding could be allocated, and make sure VHFA is designing a program that will work best for Vermont.
This meeting will be at VHFA’s offices in Burlington on April 1st from 10-12. While we can arrange for a conference call line to be available, this meeting will be a dialogue of ideas and it will be more difficult to participate in this way. Please RSVP to Sam Falzone.