Attention lenders and affordable housing developers: The 2018 AHP is coming!

Please join VHFA in celebrating Fair Housing Month this April. This year is special as we mark the 50^th anniversary of the passage of the federal Fair Housing Act.

Last week the Vermont House approved H. 922 which includes provisions from an earlier bill (H.766) that expands VHFA’s Down Payment Assistance Program. The bill is now passed over to the Senate and earlier this week was read and referred to the Senate Committee on Finance.

Last week, the federal government passed an omnibus bill funding the government for FY 2018.  Funding for housing and homeless assistance programs exceeded what housing advocates had anticipated. Among the spending is a substantial boost to the Low-Income Housing Tax Credit program, which will see an increase of 12.5% to the annual state per capita credit allocation for the next four years.