2017 was another highly successful year for Vermont Housing Finance Agency. 

In fiscal year 2017, VHFA financed $76 million in home mortgages to help 483 households move into affordable homes. VHFA’s programs saved homebuyers an average of $5560 through the ASSIST down payment assistance program and other closing cost savings, enabling many young Vermonters to purchase their first home with less financial strain.

Once again, VHFA was the single largest funding source for the construction and rehabilitation of affordable apartments in Vermont, providing $75 million in housing tax credits and loans to grow and preserve 823 homes for low-income renters.

Interested in purchasing a home and want to learn more about the process?  Join one of these fun and informative seminars and learn about buying a home from industry experts (lenders, real estate agents, real estate attorneys, the Vermont Housing Finance Agency and homeownership professionals).  Light refreshment provided at each event.

Wednesday, February 28 (6:30 pm to 8:30 pm) Woodchuck Cider in Middlebury

Hosted by Vermont Federal Credit Union

RSVP by Wednesday, February 21

Governor Phil Scott announced Thursday the successful sale by Vermont Housing Finance Agency (VHFA) of Vermont’s first Sustainability Bonds.  The bonds sale raised $37 million to fund the “Housing for All” initiative, the largest state investment in housing in several decades. Proceeds from the sale of the bonds will be awarded by the Vermont Housing Conservation Board (VHCB) for constructing and rehabilitating 550-650 homes statewide over the next two to three years. Vermont investors played a critical role in the success of the bond sale.

The Federal Home Loan Bank of Boston’s Community Development Advance (CDA) program offers members an excellent way to support economic development and affordable housing in their communities.

FHLB Boston offers free, one-hour webinars to help you learn more about how the CDA can help grow your business. Topics include financing options, eligibility criteria, online application navigation tips, and eligibility reporting data requirements. You can ask as many questions as you like during this live presentation, all without leaving your office.

Register now for one of the three upcoming webinars: