On Monday, April 17, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal Low-Income Housing Tax Credits (LIHTC) and Vermont Affordable Housing Credits that will provide almost $37 million in upfront equity to construct and renovate housing for low-income Vermonters ove
Helen Head and Polly Nichol named 2016 Vermont Housing Heroes
At the biennial Vermont Statewide Housing Conference on November 15, two statewide leaders were honored for their service and achievements. Representative Helen Head received the “Legislative Housing Hero” award for her years of commitment to affordable housing. Head has served as South Burlington’s representative to the Vermont House of Representatives since 2003 and as Chair of the House Committee on General, Housing and Military Affairs since 2007.
HUNDREDS CONVERGE AT STATEWIDE CONFERENCE TO EXPAND STABLE, AFFORDABLE HOUSING
BURLINGTON-The message to the hundreds of professionals gathered at the Hilton Burlington yesterday was loud and clear: A stable life starts with stable housing. Scholars Kathryn Edin and Luke Shaefer described the poignant interviews they had with poor families before writing their renowned book “$2.00 A Day: Living on Next to Nothing in America.”
VHFA seeks public input on state's most urgent rental housing needs
VHFA's Executive Director Sarah Carpenter announced today that interested parties are invited to submit comments on how housing tax credits are allocated. Housing tax credits are Vermont’s primary funding source for developing affordable rental housing. The comments will be considered during this year’s upcoming revisions to Vermont’s Qualified Allocation Plan (QAP). As administrator of the housing tax credit program, VHFA allocates credits to specific projects in accor
VHFA AND UNION BANK TURN TAX CREDITS INTO DOWN PAYMENT HELP FOR VERMONTERS
By purchasing $125,000 in Vermont Housing Tax Credits last Friday, Union Bank supplied the equity needed to help approximately 125 households buy their first homes in Vermont this coming year. These households will receive up to $5,000 to help cover their down payment and closing costs through a statewide program when they qualify for a Vermont Housing Finance Agency mortgage.
VHFA awards millions in tax credits for affordable housing: Credits create 31 permanent homes for people who are homeless in four communities
BURLINGTON, VT -- On Monday, April 18, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal low-income housing tax credits and state affordable housing tax credits that will provide almost $25 million in upfront equity to construct and renovate housing for low-income Vermon
JOSH MEAD JOINS VHFA AS OPERATIONS COORDINATOR
Executive Director Sarah Carpenter announced Josh Mead has joined Vermont Housing Finance Agency as Operations Coordinator. Josh has been working locally providing administrative and technical support to external customers for Alutiiq Technical Services out of Alaska.
VHFA tops list of best places to work
VHFA was ranked number one Best Place to Work among small and medium sized companies across the state by the Vermont Business Magazine. The award was made last night at the Echo Lake Aquarium and Science Center, where hundreds of employees from the 38 companies ranked as finalists gathered.
RANDY AMIS TO CHAIR VHFA BOARD OF COMMISSIONERS
Governor Peter Shumlin has appointed Randy Amis of Burlington to chair the VHFA's Board of Commissioners.
