Elm Place, an apartment building in Milton that was developed with support from Vermont Housing Finance Agency, won three national awards for its use of energy efficient design. The project was developed and is managed by Cathedral Square. The building, which opened its doors last spring, offers 30 units of affordable rental housing for seniors. The project was supported in part by $6.3 million in federal housing tax credits allocated by VHFA.
Partner organizations
Windy Hollow co-op purchases mobile home community with help from VHFA
Residents of Windy Hollow Cooperative in Castleton are celebrating the successful purchase of their mobile home park, which was assisted by Vermont Housing Finance Agency. The creation of the housing co-op will help retain affordable homes for 44 households.
Want to buy a home? Attend an upcoming home buyer seminar.
Interested in purchasing a home and want to learn more about the process? Join one of these fun and informative seminars and learn about buying a home from industry experts (lenders, real estate agents, real estate attorneys, the Vermont Housing Finance Agency and homeownership professionals). Light refreshment provided at each event.
Wednesday, February 28 (6:30 pm to 8:30 pm) Woodchuck Cider in Middlebury
Hosted by Vermont Federal Credit Union
RSVP by Wednesday, February 21
Governor announces successful sale of Vermont’s first Sustainability Bonds for affordable housing
Governor Phil Scott announced Thursday the successful sale by Vermont Housing Finance Agency (VHFA) of Vermont’s first Sustainability Bonds. The bonds sale raised $37 million to fund the “Housing for All” initiative, the largest state investment in housing in several decades. Proceeds from the sale of the bonds will be awarded by the Vermont Housing Conservation Board (VHCB) for constructing and rehabilitating 550-650 homes statewide over the next two to three years. Vermont investors played a critical role in the success of the bond sale.
Learn about the homebuying process
Buying a home is a complex process and often one of the largest financial investments made by a consumer in their lifetime. Homebuyer education provides consumers with valuable insight and tools to better navigate the home purchase process. The Vermont Housing Finance Agency (VHFA) requires homebuyer education and counseling for all consumers obtaining a VHFA loan to ensure that every consumer is well-informed and prepared for homeownership.
Vermont Bankers Association 2nd Annual Women in Leadership Conference
The Vermont Bankers Association (VBA) is hosting the 2nd Annual Women in Leadership Conference on Wednesday March 7, 2018 at the Capitol Plaza Hotel & Conference Center in Montpelier. VHFA is a proud sponsor of this event that is open to men, women and all levels of staff at any VBA member institution.
The conference provides an opportunity for all VBA member participants to network with colleagues and business leaders as well as learn about emerging industry topics.
To learn more or register for this event please access additional details here.
Call for nominations for NERSC Excellence in Service Award
New England Resident Service Coordinators Inc. is calling for nominations for its annual Excellence in Service Award. The award recognizes outstanding performance among Resident Service Coordinators, housing management companies, and others working in the field of housing services in New England.
To nominate an individual or an organization that is making a difference for residents in housing communities or advancing the resident service profession as a whole, send a completed nomination form to Andrea Dobras.
Nominations must be received by March 15, 2018
2017 VHFA Single Family Homeownership Program Top Performers
VHFA is pleased to announce the 2017 Top Performers across the local Vermont banks, credit unions and mortgage companies who participate in the VHFA single family homeownership program. VHFA's participating lenders are essential to meeting VHFA's mission to provide homeownership opportunities for low to moderate income Vermont households.
Please join VHFA in congratulating the following organizations and individuals who originated the highest VHFA mortgage loan production volume in 2017:
VHFA introduces Sustainability Bonds to deliver more affordable housing to Vermonters in need
This week the Vermont Housing Finance Agency (VHFA) Board of Commissioners approved plans to sell $37 million of bonds during the week of January 8, 2018 as the first Sustainability Bonds to be issued in the State of Vermont. Building upon the strength of the market in Green Bonds and the growing interest in socially responsible investments, the designation as “Sustainability Bonds” will enable VHFA to maximize funding for the “Housing for All” initiative enacted by the Vermont Legislature in 2017. Bond proceeds will be administered by the Vermont Housing & Conservation Board to create 550-650 homes statewide for low- and moderate-income Vermonters.
CVOEO releases illustrated guide for Vermont renters
The Champlain Valley Office of Economic Opportunity (CVOEO) has released a digital version of An Illustrated Guide to Vermont Renter’s Rights. The guide is narrated by visually striking cartoons that explain tenant rights and responsibilities throughout the rental process, and suggests resources for renters who need additional assistance. The guide is currently available in English, French, Arabic, and Nepali.