Housing Vermont is a private, nonprofit development company founded in 1988 to produce permanently affordable rental housing for Vermonters through partnerships with communities and the private sector. The partnerships advance State and local development goals, particularly downtown revitalization, and create safe and attractive apartments.
- Housing Vermont provides full-service real estate development assistance to local and regional
nonprofit housing developers to create affordable rental developments which meet respond to
community needs. Housing Vermont staff work with architects, engineers, and other professionals to
design, permit, and secure funding for rental housing developments which serve low and moderate
income families and seniors. Housing Vermont raises equity from private investors through the
syndication of tax credits. This equity provides 40-60% of the development costs. Project
managers direct each property through construction.
- Housing Vermont's asset management
staff works with its local partners after construction to ensure that the property remains
financially strong and an asset to the community. Asset managers ensure that investors secure
- The rental housing created by Housing Vermont serves very-low, low- and moderate-income
families, seniors and those with special needs. Housing Vermont properties are located in every
county in the State and serve rural, suburban and more urban communities.
- Since its inception, Housing Vermont has raised more than $186 million in private equity to
finance 139 affordable rental housing developments throughout the State. The more than 4,200
apartments created or renovated in these efforts serve low and moderate income Vermonters including
seniors and those with special needs. Many developments also include commercial space and a few
offer for-sale homes.