More than 30 percent of the households in Vermont’s rural counties are now cost burdened by their housing expenses—a stark increase since 2000, according to a recent Harvard analysis of non-metro areas nationwide. This interactive map shows the increase in cost burden rates sweeping U.S. rural areas.
Vermont Affordable Housing Coalition launches storytelling project
Interviews with residents of subsidized rental housing in Vermont will be the core of a new story telling project launched by the Vermont Affordable Housing Coalition.
The first interview shared through the project is with Angela Devoid, a single mother living at Moose River Apartments in St. Johnbury. Listen to her story.
Angela's home and the 27 others at her apartment complex were made affordable in 2003 through Low Income Housing Tax Credits allocated by VHFA and the USDA’s Rural Development 515 program.
Photo Contest
It's time for our next photo contest!
What part of your home made your Summer special? Summer is a beautiful time to add new additions to your home, yard, or even just relax and spend time outside with people you care about.
The critical, and mathematical, role of tax credits and other sources in housing low-income Vermonters
Ever wonder why it's not easier to build affordable apartments? A new interactive tool developed by the Urban Institute illustrates the mathematical necessity of tax credits, loans, tenant income/rent and grants in paying for the costs of affordable housing. Check it out to see if you can make the math work!
With a constantly evolving funding toolbox, VHFA's skilled development and multifamily management staff work with Vermont's affordable rental housing developers and managers day in and day out to overcome these challenges and maximize the number of affordable apartments available for low-income Vermonters.