In the newest installment of VHFA's housing video series, VHFA Executive Director Maura Collins interviews Vermont Housing & Conservation Board Policy Director Jennifer Hollar on how federal American Rescue Plan Act pandemic recovery funding is being used to create new affordable homes for Vermonters.
The interview discusses how $144 million in new state and federal funding is being allocated, with 1,158 new homes expected to be created by the end of 2023. Already, 459 of those homes have been designated for Vermonters who are at risk of or experiencing homelessness.
In the video, Hollar describes the process of how VHCB awards funding to developers of affordable housing. More information on how to apply for ARPA-SFR funds is available on VHCB's website. The next application deadline is November 10th, 2021, for consideration at VHCB's January 26, 2022 Board Meeting.
VHCB will host a virtual public information session with more information on Tuesday, October 12th from 2:30-4:00. Meeting link: https://us02web.zoom.us/j/84527825012