VHFA Awards State Tax Credits for 287 Rental and For-Sale Homes
On Thursday, the Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded Vermont State Affordable Housing Tax Credits for developing rental and for-sale homes across the state. Once they are sold to investors, the credits will yield over $4.8 million in equity to fund construction and substantial rehabilitation of 246 rental and for-sale homes and support the statewide Manufactured Housing Downpayment Program for approximately 41 homes.