Vermont Housing Finance Agency’s mission is to finance and promote affordable, safe, and decent housing opportunities for low- and moderate-income Vermonters.
Relation to the State Government: State Chartered Nonprofit Organization
Current Staff Size: 40
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1974
VHFA is established

1988
First pilot program for down payment assistance for homebuyers.

2000
Establish the Vermont State Affordable Housing Tax Credit program

2011
Create an award-winning program to assist Vermonters in purchasing energy efficient manufactured homes

2017
Sold $37 million in Sustainability Bonds and invested in affordable housing
Total Financing Provided
Renters Served Since 1974
Homeowners Served Since 1974
Signature Program
Perpetual affordability with housing resources
Since 2000, VHFA has required perpetual affordability for projects receiving Ceiling Housing Credits and state credits. (Most state rental credits are awarded with bond credits, effectively extending perpetual affordability to that resource as well). This has helped Vermont mitigate the preservation challenges that many states now face. VHFA has also offered long standing support for permanently affordable, shared equity homeownership opportunities through community loan trusts.
Permanently affordable units developed or preserved since 2000: 3,850
Future Focus

Maura Collins
Executive Director
“Research suggests that climate change will disproportionately impact lower income households and people of color. VHFA intends to help mitigate these impacts through continued investment in energy efficient affordable homes and a new pilot tariffed to-the-meter financing home weatherization program that is expected to launch in 2022.”