Vermont opens a $30 million rental tax credit round, with a Dec. 7 deadline
VHFA’s supplemental round follows credits returned by projects that missed deadlines. The next 9 percent round isn’t expected until fall 2027.
VHFA’s supplemental round follows credits returned by projects that missed deadlines. The next 9 percent round isn’t expected until fall 2027.
The Vermont Housing Finance Agency is making about $59 million available for rental and homeownership projects, including up to $30 million in 9% tax-credit equity after earlier awards were returned or rescinded.
Windham & Windsor Housing Trust and Evernorth started a $16.7 million, 31-apartment building Oct. 15 on the former Dalem’s Chalet site, with about half the homes reserved as permanent supportive housing.
Champlain Housing Trust broke ground Oct. 9 on Shale Beach Condominiums, 30 shared-equity homes on North Avenue priced from $175,000 to $210,000, with occupancy targeted for the end of 2027.
The Vermont Housing & Conservation Board, at its Oct. 1 meeting, committed $13.8 million to create 35 senior apartments, preserve rental and manufactured-home communities, replace failing heating systems, and conserve more than 725 acres.
Windham and Windsor Housing Trust and Evernorth opened 25 permanently affordable apartments in Putney on Sept. 30, after four court cases delayed construction by two years. The $15 million building sits beside the community gardens and farmers market.
RuralEdge celebrated the Sept. 25 opening of Newport Crossing, 40 affordable and mixed-income rentals in a converted Newport convent and in two new buildings in Newport Center, a $21.5 million project that also cleaned up two brownfields.