VHFA has received $7 million in funding for the Vermont Neighborhood Stabilization Program to:

VHFA has awarded tax credits to Upper Story Housing, a proposed two-story addition to a new building in Brattleboro proposed by the Brattleboro Food Co-op.

Chief of Program Operations David Adams is quoted in a story about the development in this morning's Brattleboro Reformer.

Read the story online.

Short notice, we know, but there'll be a rally in Shelburne this evening to show support for the Shelburnewood project.

People will be meeting at 6:30 p.m. at the north entrance of the Shelburne Town Hall.

The Shelburne Selectboard will decide whether or not to submit a $1 million grant application to the Vermont Community Development Program on behalf of the project.

Shelburnewood is gaining momentum, having recently been awarded a VHCB grant and a Low-Income Housing Tax Credit allocation from VHFA.

Tonight's vote is crucial for advancing the project, which cannot move forward without VCDP funding.

VHFA has selected Paul Stewart, President of Stewart Property Management, Bedford, N.H., as the new owner of Rockingham Canal House in Bellows Falls.

“Paul Stewart has almost 40 years of experience in affordable housing, and he’s been managing the Canal Street building since last fall, so we’re confident he has the background and skills necessary to make this property a showpiece,” said VHFA Executive Director Sarah Carpenter.

Read more in our press release (PDF).