The Vermont Housing Finance Agency (VHFA) is seeking feedback and comments on its QAP through May 24. Comments should be submitted to Seth Leonard at sleonard@vhfa.org or by mail at 164 Saint Paul Street, P.O. Box 408, Burlington VT 05402.
VHFA convenes the Joint Committee on Tax Credits, which solicits public feedback, reviews the policies in the QAP and makes recommendations to the VHFA Board of Commissioners. The Board votes to adopt the plan before being sent to the Governor for approval. VHFA’s goal is to update the QAP as needed with sufficient notice that developers are able to respond accordingly and bring projects that reflect the criteria of the QAP, with a target of two years between substantial updates.
To arrive at recommendations for updates to criteria and policies in the QAP, VHFA staff facilitate public comment prior to presenting a recommended QAP. VHFA first sought public comment on this current round of updates in the fall of 2018. Staff will combine the feedback from the fall with the feedback received over the next month. Following public outreach meetings to preview an updated draft QAP leading up to the recommended QAP updates to the VHFA Board of Commissioners. Check VHFA’s website and blog for information regarding future public outreach meetings related to the QAP.