VHFA News

By: Mia Watson

The Vermont Housing & Conservation Board (VHCB) will award $168.8 million in supplemental state funds and federal American Rescue Plan Act State Fiscal Recovery Fund (ARPA-SFR) funding for investments in housing, conservation, working lands businesses and rural economic development. The first general application due date is July 23, 2021. 

VHCB expects to award these funds over the next two fiscal years to accelerate the production and rehabilitation of housing by non-profit and private housing developers, to conserve farmland, natural areas, forestland, and recreational lands, for VHCB’s Vermont Farm & Forest Viability Program to assist working lands enterprises, and to make grants to communities through the Rural Economic Development Initiative. Non-profits, municipalities, and cooperative housing organizations are eligible to apply for state funding, both supplemental and base. Private housing developers, non-profits, municipalities, and cooperative housing organizations are eligible to apply for ARPA-SFR funding, as well as federal HOME and National Housing Trust funding administered by VHCB.

Application due dates:

July 23, 2021 for consideration at a board meeting September 29, 2021
November 29, 2021 for consideration at a board meeting on January 26, 2022 and
February 25, 2022 for consideration at a board meeting on May 13, 2022

VHCB will host two upcoming webinars for applicants for ARPA-SFR Housing Funds:

Monday, July 12 at 3:00 p.m.
https://us02web.zoom.us/j/89413638985 or to call in: 1-646-558-8656, meeting ID# 89413638985

Wednesday, July 14th at 5:30
https://us02web.zoom.us/j/86774047869 or to call in: 1-301-715-8592, meeting ID# 86774047869

More information and application materials are available on VHCB's website.