The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced Monday the award of state and federal housing tax credits and loans to support the construction, rehabilitation or preservation of 139 permanently affordable apartments in four communities across the state. 

“Our state continues to see numerous challenges in the construction and rehabilitation of housing combined with increasing rates of homelessness,” remarked VHFA Executive Director Maura Collins. “The Vermont development community and housing funders have joined together to make these projects possible and get more Vermonters into safe, decent and affordable homes, including those exiting homelessness.” 

Apply to be one of five pilot communities for free neighborhood design infill design services. 

 Vermonters need better housing options and more affordable homes. Meeting that need requires changing the ways homes are built in Vermont, especially the location and types of new homes. "Missing middle" homes (MMH), like accessory dwelling units, duplexes, and small-scale multi-household buildings were once common but have been increasingly limited by zoning and other regulations. MMH is a solution to providing a diverse mix of housing options for homeowners and renters that creates more walkable and vital neighborhoods.   

As previously announced, the Vermont Homeowner Assistance Program (VHAP) will no longer accept new applications after June 12, 2023. All new or currently pending applications must be submitted to the applicant portal on vermonthap.vhfa.org by 5:00 PM on Monday.

Vermont Housing Finance Agency (VHFA) has released its second annual report for the Vermont Housing Investment Fund (VHIF). VHFA established the fund in 2020 in recognition of a growing need for more flexible financing opportunities for affordable housing development. VHIF investments are intended to fill gaps in project budgets, allowing worthwhile housing projects to move forward despite complex and changing development conditions.