A bus from The Edge Kids & Fitness after school program brought 25 young helpers to VHFA yesterday for the Agency’s annual mitten stuffing. Aliya (pictured) and her fellow elves got right to work in VHFA’s board room, helping to stuff 175 sets of mittens, hats and gloves with candy. VHFA will deliver the bounty this afternoon to the Sara Holbrook Center and King Street Youth Center for distribution to local kids and teens in need.
Legislative victories expected for housing tax credit and HOME program
Two measures that help address the affordable housing needs of low-income Vermonters are likely to be passed in federal tax and omnibus spending bills on Capitol Hill this month.
HUD’s 2016 Fair Market Rent standards are effective tomorrow
Earlier this week, HUD published the final 2016 Fair Market Rent standards that will take effect as of tomorrow, December 11, 2015. FMRs are intended to represent the dollar amount below which 40 percent of the standard-quality rental housing units in an area are rented. They are used in HUD rental assistance programs, including the Section 8 and HOME programs.
Cathedral Square awarded $100,000 affordable housing grant
Cathedral Square recently won the Annual TD Charitable Foundation Housing for Everyone Affordable Housing Grant Competition and was awarded $100,000 to help fund the construction of Elm Place.