VHFA joined Lamoille Housing Partnership (LHP) and Housing Vermont last week for a ribbon-cutting ceremony at Jeudevine Housing. The project involved the extensive rehabilitation of three buildings in downtown Hardwick, preserving 18 affordable apartments and a commercial business space. Jeudevine received nearly half of its funding from federal tax credits awarded by VHFA.
Vermont Rural Life Survey highlights affordability challenges
VPR and Vermont PBS have released the results of the annual Vermont Rural Life Survey, which polls households from all across Vermont about life in their communities and the daily challenges they face. Vermont has the second highest percentage of its population living in rural areas in the United States. The survey revealed challenges in affording decent quality housing, as well as concerns about the future of Vermont’s rural towns and cities.
Tom Connors and Rick Jean retire from VHFA
VHFA honored Chief Financial Officer (CFO) Tom Connors and Information Technology (IT) Director Rick Jean for their many years of service as they retire from the Agency this month.
Tom Connors served as VHFA’s CFO since 2006. Prior that, he worked at Trak Sports USA and IDX. In addition to his work at VHFA, Connors has served on the Boards of the Energy Co-op of Vermont and ReSource, and has taught courses on finance and accounting at Champlain College and Community College of Vermont. He is a graduate of Saint Michael’s College and Bentley University.
State seeks feedback for HUD Consolidated Plan
The State of Vermont’s Department of Housing and Community Development (DHCD) is inviting the public to complete a survey on community needs to inform its upcoming HUD Consolidated Plan.
The 5-year HUD Consolidated Plan outlines priorities for over $10 million in funding that Vermont will use for affordable housing and community development from 2020 through 2024. DHCD's survey asks for input on local needs for public facilities, job creation, housing and homelessness, which will be incorporated into the plan.