On behalf of the Vermont Statewide Housing Conference Planning Committee, VHFA is seeking
Tax credits combine with pandemic relief funds to support affordable Vermont apartments
The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced this week that its annual award of federal housing tax credits will support the construction of 109 permanently affordable apartments in five communities across the state. The sale of this year’s tax credits to investors is expected to yield nearly $25 million in funding, which will cover an estimated 55 percent of total project development costs.
Vermont's housing funders will be able to leverage the impact of the tax credits and overcome pandemic-related increases in the cost of development by pairing the credits with an estimated $11.6 million in funding from the federal American Rescue Plan Act (ARPA), awarded through the Vermont Housing & Conversation Board.
VHFA is hiring!
Vermont Housing Finance Agency (VHFA) is recruiting for a Director of Human Resources & Administration. Named one of the “Best Small/Medium Places to Work in Vermont” several times over the last few years, VHFA offers a competitive salary and comprehensive benefits package.
New data shows how Vermont towns balance jobs and homes
Towns with sufficient homes to house the employees that work there are more likely to make inroads against climate change and the housing affordability crisis. According to data published this week by the Vermont Housing Data website, the top Vermont town with over 10,000 workplaces to strike this balance is Essex. For every 100 homes in Essex, the town has 112 jobs.