Vermont Housing Finance Agency (VHFA) is pleased to announce that Seth Leonard, VHFA Managing Director of Community Development, has been selected for the Fulcrum Fellowship of the Center for Community Investment (CCI) at the Lincoln Institute of Land Policy.
Tax credits combine with pandemic relief funds to support affordable Vermont apartments
The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced this week that its annual award of federal housing tax credits will support the construction of 109 permanently affordable apartments in five communities across the state. The sale of this year’s tax credits to investors is expected to yield nearly $25 million in funding, which will cover an estimated 55 percent of total project development costs.
Vermont's housing funders will be able to leverage the impact of the tax credits and overcome pandemic-related increases in the cost of development by pairing the credits with an estimated $11.6 million in funding from the federal American Rescue Plan Act (ARPA), awarded through the Vermont Housing & Conversation Board.
VHFA is hiring!
Vermont Housing Finance Agency (VHFA) is recruiting for a Director of Human Resources & Administration. Named one of the “Best Small/Medium Places to Work in Vermont” several times over the last few years, VHFA offers a competitive salary and comprehensive benefits package.