The Vermont Senate has passed a bill (S.100) to enact a $35 million housing bond to spur the construction and rehabilitation of affordable housing across the State.  The bill is now in the House with just a few days to go until adjournment.  Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.  

Need an affordable apartment or know someone who does?  There are vacancies in 23 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

VHFA supported the renovation and expansion of Bradley House in Brattleboro with the commitment of a $3.1 million construction loan and its staff was gratified to attended the project's ribbon-cutting ceremony Monday.

The development is a Level III Residential Care facility that serves seniors in need of a variety of services, and the expansion will increase the number of residents served from 28 to 35. The wonderfully elaborate building that will be renovated was built in the 1860s and an attached new wing will be added to allow this expansion. The facility is owned and run by Holton Home Inc. and is their second such property in Brattleboro.

Executive Director Sarah Carpenter announced that VHFA has hired a new Multifamily Management Officer.  Andrea Tieso comes to VHFA from Summit Property Management where she has worked since 2014 as a Compliance Specialist.  She has many years of experience in property management and has worked specifically with Housing Tax Credits and Section 8 housing.

Andrea lives in Charlotte with her husband and three children.