Vermont

The Internal Revenue Service (IRS) published Revenue Service 2011-57 which dictates the amounts of unused housing credit carryover allowances allocated to qualified states. Nearly $3.66 million of unused credits were divided among the states in the National Pool.

HUD’s Economic and Market Analysis Division has prepared Comprehensive Housing Market Analyses for the Burlington-South Burlington, Vermont and Orlando-Kissimmee-Sanford, Florida market areas.

The Internal Revenue Service (IRS) today issued Notice 2011-74 to grant certain low-income housing tax credit (LIHTC) properties relief from specified Section 42 requirements to provide emergency housing relief needed as a result of the devastation caused by Tropical Storm Irene in Vermont beginning on August 27, 2011.

The Vermont Housing Finance Agency recently released a memo that outlines proposed changes to the state’s 2010-2011 Qualified Allocation Plan for the low-income housing tax credit program.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan has announced the selection of Richard Walega as HUD’s new Regional Director for New England, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Vermont Housing Finance Agency has reported on its blog that a new federal report shows Vermont is the top state, per capita, for its use of Federal Historic Tax Credits to rehabilitate historic buildings.

Vermont Housing Finance Agency for the Vermont Department of Economic, Housing and Community Development have published its 2010 Vermont Housing Needs Assessment.

The U.S. Department of the Treasury today announced its latest wave of funding awards through the Section 1602 Tax Credit Exchange Program, provided by the American Recovery and Reinvestment Act of 2009.

The U.S. Department of the Treasury on July 10 announced $486 million in American Recovery and Reinvestment Act (ARRA) funding to spur the development of affordable housing units through its Section 1602 Tax Credit Exchange Program.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).

The Vermont Housing Finance Agency has released an overview of its proposed implementation plan for the tax credit assistance (TCAP) and tax credit monetization (Exchange) programs, established by the American Recovery and Reinvestment Act.

NH&RA will continue to update the ARRA resource page below as information is made available.