The federal Low-Income Housing Tax Credit (LIHTC) program is the largest single source of funding for affordable housing development and a crucial resource for expanding affordable rental housing throughout the state. In addition, Vermont has a state-funded housing tax credit for rental and for-sale affordable homes. Both of these types of housing tax credits are administered by Vermont Housing Finance Agency (VHFA). 

According to recent data published by VHFA on HousingData.org, the median sales price of a primary home in Vermont increased by 7% annually from 2000-2025, reaching $379,000. 

Vermont’s housing needs have never been more urgent, and VHFA is meeting the moment.

Vermont Housing Finance Agency (VHFA) has supported affordable housing in Vermont since 1974. It’s safe to say, in that time, we have heard our fair share of stories from homebuyers, renters, and partners like lenders and developers along the way. Now more than ever, those stories matter as we continue to support affordable housing throughout the state.