Here you'll find the latest information about what's happening at our member organizations, opportunities in the community, and the latest news from the Legislature. Also VAHC Staff share their thoughts about the housing crisis in Vermont.
MONTPELIER, VT — The Vermont Affordable Housing Coalition (VAHC), a state leader in housing policy, research and advocacy, today issued the following statement on the tax bill recently passed by the U.S. House of Representatives and under consideration in the Senate: At a time when Vermont already has a shortage of 10,866 affordable homes for extremely low income renters and the 5th highest affordability gap for renters in the country, the pending tax proposals would eliminat
VT Housing & Conservation Board
Manager of Federal Housing Programs
A s a member of the Vermont Housing & Conservation Board (VHCB) housing team, the Manager of Federal Housing Programs is responsible for overseeing the day-to-day administration of the HOME Investment Partnership Program (HOME), the National Housing Trust Fund (HTF), Housing for Persons with AIDS (HOPWA), and any other federal housing related programs, and for applications for continued funding for those pro
As primary staff member of the Chittenden County Homeless Alliance, supports the administrative work under the direction of the Steering Committee. SPECIFIC RESPONSIBLITIES: Work as staff to and under the direction of its Steering Committee. This includes managing meeting schedules, agenda and minutes. Establish a process for distribution and retention of Alliance documents. Develop strong working relationships with members and partners of the Alliance. Attend all Alliance me
On Monday, April 18, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal low-income housing tax credits and state affordable housing tax credits that will provide almost $25 million in upfront equity to construct and renovate housing for low-income Vermonters and will increase permanent supportive housing for people who were formerly homeless. The $2.578 million in 10 year federal credits and $400,000 in five year state credits support 356 renta
The Vermont Housing Finance Agency is seeking to extend their down-payment assistance program, which began last August. Through this program, first-time home buyers can get up to $5,000 in down payment assistance. The zero-interest loan is then paid back when the home is sold or the mortgage is refinanced. While the program is currently funded for 3 years, an extension of the program would help build a revolving loan fund. To learn more, read the article from VPR below: The V
Host Erhard Mahnke speaks with Executive Director of Vermont Housing Finance Agency, Sarah Carpenter, on VHFA’s new Down Payment Assistance Program for first time homebuyers. More information on this can be found at www.vhfa.org. To watch the program, view the embedded link below or click here. You can also view the program on-air on Monday October 12, 19, and 26 at 3:00pm on Channel 17/Town Meeting TV. #VAHCTV #VHFA
On Friday Governor Shumlin joined VHFA and other state and community leaders to launch a new down payment assistance program for first time homebuyers. Through this program each qualified buyer will receive up to $5,000 for down payment and closing costs. VHFA will be able to provide first-time home buyers who use a VHFA mortgage with up to $5,000 that needs repayment only if the home is sold or refinanced. Below is a report from WAMC, which includes some words from VAHC coor
The Joint Committee on Tax Credits will hold a meeting to discuss potential changes to Vermont’s Qualified Action Plan. This meeting is open to the public.
As administrator of the Housing Tax Credit program, VHFA allocates credits to specific projects in accordance with Vermont’s Qualified Allocation Plan, which is approved and signed by the Governor. The advisory Joint Committee on Tax Credits reviews and adopts allocation policies and reviews VHFA’s performance.
Earlier this week, Sarah Carpenter of the Vermont Housing Finance Agency discussed their new program that will provide down-payment assistance to first time homebuyers on VPR: First-time home buyers in Vermont are getting some help with the expenses that come with buying a house. Legislation signed by Gov. Peter Shumlin last week includes up to $5,000 for closing costs and down payments.
That program will be administered by the Vermont Housing Finance Agency, but VHFA doesn’t
On Wednesday, Governor Shumlin signed a new bill that includes a down payment assistance program through the Vermont Housing Finance Agency for first-time home buyers. This bill was one of the VAHC’s legislative priorities, an effort that was successful at a time when the state faced many fiscal challenges. Below is VHFA’s press release on the event: Governor Shumlin signed legislation today that will help Vermonters buying their first home through VHFA by providing up to $5,
In recent years, the high cost of rent is putting a severe financial burden on many Vermonters. Homeownership rates are going down because many cannot afford to focus on saving to purchase a home while also paying for necessities such as rent, utilities, and in the case of many young adults, student loan debt. Given that homeownership brings many benefits to both consumers and communities, organizations like the Vermont Housing Finance Agency are working hard to ensure that w
The Vermont Housing Finance Agency has released their FY 2014 Annual Report. The report contains detailed statistical information on who, where and how the VHFA has helped achieve homeownership and more. To view and download the report click here (PDF file). #Housing #VHFA #VT
VHFA and the State of Vermont would like to invite you to be a part of the premiere educational training for Resident Service Coordinators in New England. Occurring only once every six years in the state of Vermont, the New England Resident Service Coordinators, Inc. will host their 17th Annual Conference, Diversity: Celebrating Beauty and Strength, May 6-8, 2015 at Stowe Mountain Lodge.
Resident service coordinators in Vermont have taken on the important role of keeping r
The Vermont Affordable Housing Coalition has a bimonthly program on CCTV and this month Maura Collins, Director of Policy and Administration with the Vermont Housing Finance Agency, joined VAHC coordinator Erhard Mahnke to discuss the upcoming Vermont Statewide Housing Conference that will be taking place on Wednesday, November 19th. To view the program click here or view the embedded video below: #VT #VAHCTV #Housing #Conferences #VHFA
In case you missed, last week CCTV aired a press conference with Congressman Peter Welch at the Bobbin Mill Apartments with Burlington Mayor Miro Weinberger, Ken Sassarossi of Housing Vermont, Sarah Carpenter of VHFA, and Brenda Torpy of CHT.
Welch was at Bobbin Mill to highlight his legislation (H.R. 4717) to improve the federal Low Income Housing Tax Credit (LIHTC) and stimulate the development and rehabilitation of affordable rental housing in Vermont. Watch the broadcas
From VHFA’s Housing Matters: On March 4, HUD released a Notice of Funding Availability for the Section 811 Housing for Persons with Disabilities Program. VHFA will be applying on behalf of Vermont in partnership with the Agency of Human Services. This program has changed from being a capital source for buildings occupied only by younger people with disabilities to a project based rental assistance program where no more than 25% of the project’s units can be designated as for
Vermont Resident Service Coordinators will be having their next membership meeting on Wednesday, March 19. Prior to the membership meeting a special training by Ginny Sassman will be offered on Nurturing Happiness Relationships. The event is being co-sponsored by Vermont Housing Managers Association, Vermont Housing Finance Agency, Bennington Housing Authority, and Shires Housing.
Admission is FREE for Vermont Resident Service Coordinators and Vermont Housing Managers Asso
Re-posted from Leslie Black-Plumeau of VHFA’s Housing Matters Blog:
VHFA’s Executive Director, Sarah Carpenter, received the Tim McKenzie Award at Champlain Housing Trust’s annual meeting and dinner… The award recognized Carpenter’s outstanding contributions to permanently affordable housing during the past thirty years. Carpenter is a long-time Burlington resident.
“I am honored to work with partner organizations like Champlain Housing Trust to extend affordable housing
Reprinted from VHFA Housing Matters, by Leslie Black-Plumeau:
A recent study by VHFA found that thousands of residents of the East Central Vermont region face extraordinary challenges finding housing that is both affordable and located near their jobs and needed services. An estimated 11,000 households living in Orange and Windsor counties paid more than 30% of their income for their housing-related expenses (a combination of their mortgage or rent, utilities, taxes, and ins
Demand is growing for a year-old program that helps Vermonters who lack resources buy mobile homes, reported VPR recently. The program was developed through a partnership between Vermont Housing Finance Agency, Champlain Housing Trust, the Vermont Agency of Commerce and Community Development and the Vermont Housing and Conservation Board.
Maura Collins of VHFA and Emily Higgins of CHT were interviewed by VPR.
Read the VPR piece or learn more about the program on the Champla