The Vermont Housing Finance Agency (VHFA) has released its 2025 Annual Report, highlighting a year of strong fiscal performance and meaningful progress in addressing Vermont’s growing affordable housing needs. The report showcases VHFA’s leadership in financing solutions that expand housing opportunities, strengthen communities, and support Vermont’s economic future.
Key highlights of VHFA's Annual Report:
- VHFA awarded state and federal tax credits to affordable housing developers, generating an estimated $63 million in equity for new construction projects.
- VHFA closed over $80 million in short-term construction loans and $4 million in long-term permanent loans, fueling affordable housing development statewide.
- Invested $48 million through the state’s 10% for Vermont program to rehabilitate approximately 1,100 homes.
- Allocated $1 million in equity from 2025 state tax credits to build 48 new affordable owner-occupied homes in five communities.
- Provided $3 million in down payment assistance to homebuyers so far.
- Distributed nearly $2 million in First Generation Homebuyer Grants, helping 132 Vermonters with down payment and closing costs so far.
Beyond dollars, VHFA helped 381 Vermonters purchase homes in 2025, 93% of whom were first-time homebuyers. The report also includes detailed homebuyer data, such as demographics, median loan amounts, median incomes, and profiles of renters and homeowners.
To explore the full 2025 Annual Report, visit vhfa.org/pubs/2025-annual-report (pdf). For comprehensive and up-to-date housing data, visit HousingData.org.
*This article was edited with the assistance of M365 Copilot.