The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced on Monday April 15, 2024, that its annual award of federal housing tax credits will support the construction of 156 homes in perpetually affordable apartment buildings in five communities across the state. The sale of this year’s tax credits to investors is expected to yield over $40 million in funds, covering an estimated 60 percent of total project development costs.   

It’s VHFA 50th birthday! VHFA was created by Act 260 in the Vermont General Assembly and signed into law by Governor Thomas P. Salmon on April 11, 1974.  

Monday’s solar eclipse was a cosmic lead-up to celebrating VHFA's energy and impact. During the course of its history, VHFA has helped 31,000 Vermont families buy their first home and financed the development of 9,600 affordable apartments across the state.