On Monday, April 20, the VHFA Board of Commissioners committed $2.55 million in federal low-income housing tax credits and $432,500 in state housing tax credits to expand Vermont’s stock of affordable, energy-efficient housing. The tax credits will generate approximately $23.5 million in upfront equity for the construction and rehabilitation of 452 primarily rental homes across the state, guaranteed to remain affordable for at least 30 years.
Vermonters celebrate the life of Caryl Stewart, founder of Opportunities Credit Union
Caryl Stewart, founder and president emeritus of Opportunities Credit Union passed away at the age of 85 on Saturday, March 28, 2015, after a short illness.
Chittenden County loses Bill Hauke, builder of much of region’s affordable, single-family stock
Bill Hauke, responsible for much of the moderately-priced, modest sized single-family housing stock in the Burlington area, died on April 1, 2015, after battling leukemia for 8 years.
Down payment assistance is a sound investment for Vermont
Economic pressures and demographic shifts are preventing many young Vermonters and their peers nationwide from becoming home owners. To help Vermont continue to reap the well-documented benefits that homeownership brings to individual households, their neighborhoods and the greater community, policy makers can create tools that make home buying more economically feasible.