VHFA has released its 2021 Annual Report. It includes the following letter from VHFA Executive Director Maura Collins:
It is with deep gratitude that I reflect on the work of VHFA and its partners in 2021. As the world entered a second year facing COVID-19 pandemic challenges, we swiftly adjusted programs to meet the most urgent housing needs of low- and moderate-income Vermonters.
By administering the Vermont Mortgage Assistance program, we came face to face with how critical emergency assistance is for keeping Vermonters stably housed. In the course of just 8 months, this program helped 888 lower income Vermont households to remain safely in their homes. All of these households had lower incomes and had experienced financial hardship as a result of the pandemic.
VHFA also continued its long-standing core programs to finance the costs of constructing and rehabilitating much needed affordable, energy-efficient apartments and provide mortgage and down payment help.
We know we can not rest until every Vermont has a decent, affordable home. I look forward to a new year of renewing this commitment and exploring new strategies to keep Vermonters safely housed.