The federal Low Income Housing Tax Credit (LIHTC) has had an enormous impact in Vermont. Since 1986, federal housing tax credits allocated through Vermont Housing Finance Agency (VHFA) have helped build over 7,400 homes for low-income families.

In 2019, the Vermont Legislature passed Act 48, which included asking the State Treasurer to evaluate and report on options for funding and financing affordable housing in the state.  This report is due on January 15, 2020.

This commentary by VHFA Executive Director Maura Collins appeared recently in VTDigger

Although Vermont communities face hard work in turning the tide of declining housing affordability, consensus is growing about the most effective ways to do this.  At a recent gathering convened by Fannie Mae and the Urban Institute, business, government and non-profit leaders agreed that many of the root causes and solutions to the nation’s housing affordability crisis are tied to local action.