Great news! A Mortgage Credit Certificate provides a mortgage interest tax credit benefit for homebuyers whether or not deductions are itemized.
A Mortgage Credit Certificate is a federal tax credit for up to $2,000 and unlike a tax deduction, a Mortgage Credit Certificate reduces federal tax liability dollar for dollar for homebuyers.
How is a Mortgage Credit Certificate obtained?
Today marks the date in 1974 that Governor Thomas Salmon signed legislation creating Vermont Housing Finance Agency. In the 45 years since then, we've helped over 29,000 Vermont households become homeowners and have provided financing, development and management support, subsidy administration and tax credits to approximately 8,800 rental apartments. In total, 15 percent of all Vermont homes and over 136,000 Vermonters have been assisted through VHFA.
The State of Vermont’s Department of Housing and Community Development (DHCD) will be holding a public hearing to receive comments on its draft of the 2019 HUD Annual Action Plan at 5:30 PM this Thursday, April 11 at the Bethel Town Hall.
Do you need an affordable apartment or know someone who does?
There are vacancies in 57 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing. Learn more about particular units by clicking on the development name below, or by visiting the vacancy profiles on the website.