A new program offered by the U.S. Department of Housing and Urban Development (HUD) will offer $837.5 million in grants as well as $4 billion in loan authority to help property owners to carry out energy efficient retrofits of HUD-assisted multifamily affordable housing. The Green and Resilient Retrofit Program (GRRP) is part of the Inflation Reduction Act (IRA) passed by Congress last August.
Missing Middle-Income Development Program Reopens
The Missing Middle-Income Homeownership Development Program (Missing Middle) recently received an additional $9 million through the Fiscal Year 2023 State Budget Adjustment Act. This funding is available to both applicants who previously submitted applications earlier this year as well as new applicants to the program. All developers and builders who have projects which would be affordable under the parameters of the Missing Middle program are encouraged to apply, especially for projects in geographic areas of Vermont that were not previously awarded program funds.
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.
Vermont Housing Data website gets comprehensive update with latest data available
The most recent data available has been added to the Vermont Housing Data website at www.housingdata.org which is managed by VHFA. The updates to the website include the most recent American Community Survey (ACS) 5-year estimates from the U.S. Census Bureau as well as new data from the Multiple Listing Service (MLS), the Vermont Department of Taxes, the National Low Income Housing Coalition’s (NLIHC) Out of Reach report, and more. The data available on HousingData.org provide a variety of visualization for housing indicators in every town and county in Vermont. This data can be used to help identify housing trends and need within the community for everyone from lawmakers to nonprofits and local governments.