The Vermont Housing & Conservation Board (VHCB) will award $168.8 million in supplemental state funds and federal American Rescue Plan Act State Fiscal Recovery Fund (ARPA-SFR) funding for investments in housing, conservation, working lands businesses and rural economic development. The first general application due date is July 23, 2021.
VHCB expects to award these funds over the next two fiscal years to accelerate the production and rehabilitation of housing by non-profit and private housing developers, to conserve farmland, natural areas, forestland and recreational lands, for VHCB’s Vermont Farm & Forest Viability Program to assist working lands enterprises and to make grants to communities through the Rural Economic Development Initiative. Non-profits, municipalities, and cooperative housing organizations are eligible to apply for state funding, both supplemental and base. Private housing developers, non-profits, municipalities and cooperative housing organizations are eligible to apply for ARPA-SFR funding, as well as federal HOME and National Housing Trust funding administered by VHCB.
VHCB will host two upcoming webinars for applicants for ARPA-SFR Housing Funds: Monday, July 12 at 3 p.m. ET and Wednesday, July 14th at 5:30 p.m. ET.
