The Vermont Department of Public Service has announced a $22 million subaward with Vermont Housing Finance Agency (VHFA) as part of the federal Solar for All Program (SFA). This funding represents over a third of Vermont's $62.45 million federal grant from the Environmental Protection Agency (EPA) and will support affordable housing solar initiatives across the state.
Construction of New Affordable Apartments in Putney Gets Underway
A long-awaited groundbreaking ceremony took place in Putney on May 5th for the Alice Holway Drive development. The development will include 2 new buildings that provide 25 energy-efficient, accessible, and affordable apartments.
10th Cavalry Apartments Officially Open: 44% of project development costs covered by VHFA
A celebration marking the completion of the 10th Cavalry Apartments at Fort Ethan Allen in Colchester happened on April 28. Several partners, funders and investors including the Vermont Housing Finance Agency (VHFA), joined developer Evernorth, Champlain Housing Trust, and others to celebrate the transformation of the historic property into 65 permanently affordable rental homes at Fort Ethan Allen in Colchester.
Federal tax credits will help build four affordable housing projects in Vermont
The Vermont Housing Finance Agency Board of Commissioners approved awards on Monday, April 21, 2025, of federal low-income housing tax credits to build approximately 128 new affordable homes. Four out of seven proposed development projects were selected to receive $3.4 million in federal housing tax credits which will generate $31.5 million in equity for housing development costs.