Paul Dettman will retire this week as Burlington Housing Authority’s (BHA) Executive Director, a post he held for the past 20 years. With Dettman at the helm, the Burlington Housing Authority’s role has grown to managing over 600 affordable apartments and providing rental assistance to 1,700 low-income Chittenden County residents. In addition, Dettman partnered with VHFA to preserve the affordability of many area apartments when original federal contracts from the 1970s and 1980s expired and presented owners with opportunities to sell the buildings and change their use. The most recent properties to benefit from Dettman’s effective preservation strategies are Burlington’s Bobbin Mill and Wharf Lane apartment buildings.
Need an affordable apartment?
Need an affordable apartment or know someone who does? There are vacancies in 20 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.
New tools help real estate professionals appraise energy-efficient, high performance homes
The Vermont Green Home Alliance has completed the guide Appraised Value and Energy Efficiency: Getting It Right for building design professionals, builders, home performance contractors, appraisers, lenders, and real estate agents. This guide is intended to help professionals prepare for the increasing level of high performance new home construction and existing home energy efficiency improvement happening in Vermont.
VHFA awards millions in tax credits for affordable housing: Credits create 31 permanent homes for people who are homeless in four communities
BURLINGTON, VT -- On Monday, April 18, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal low-income housing tax credits and state affordable housing tax credits that will provide almost $25 million in upfront equity to construct and renovate housing for low-income Vermonters and will increase permanent supportive housing for people who were formerly homeless. The $2.578 million in 10 year federal credits and $400,000 in five year state credits support 356 rental homes in 11 communities across the state.