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!
Get your Pokémon here!
For Burlington area Pokémon Go trainers, VHFA is doing its part to lure Pokémon to the corner of St. Paul and King Streets near our office. This little guy was spotted just this morning!
Check back throughout the work week while our office is open from 8:00 to 4:30 for your chance to catch more.
Housing tax credits help renovate Lyndonville's Darling Inn
office), Werner Heidemann (RuralEdge), Senator Leahy, Jen Hollar
(VHCB) and Sarah Carpenter (VHFA). Photo by Elwin Prescott.
VHFA AND UNION BANK TURN TAX CREDITS INTO DOWN PAYMENT HELP FOR VERMONTERS
By purchasing $125,000 in Vermont Housing Tax Credits last Friday, Union Bank supplied the equity needed to help approximately 125 households buy their first homes in Vermont this coming year. These households will receive up to $5,000 to help cover their down payment and closing costs through a statewide program when they qualify for a Vermont Housing Finance Agency mortgage.