Last week, the state increased funding for affordable homeownership when Governor Phil Scott signed a bill passed by the Legislature which will add over a million dollars for homeowners in Vermont.
VHFA to hold outreach meetings on QAP updates
Vermont Housing Finance Agency (VHFA) will be holding a series of outreach meetings to seek comments on the draft 2020 Qualified Allocation Plan (QAP). The QAP is a compilation of IRS mandates, national best practices and state housing priorities that sets eligibility and criteria for awarding state and federal tax credits to developers of affordable housing.
Funding available for downtown development projects
The Vermont Agency of Commerce and Community Development (ACCD) is now accepting applications for 2019 for two different programs that promote development and revitalization of Vermont’s downtowns.
Homelessness rate falls, but number of chronically homeless increases
Newly released data from the 2019 Point-in-Time Count showed 1,089 people experiencing homelessness in Vermont on a single evening this winter, which represents a 16 percent decrease from last year.