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The Champlain Housing Trust is a membership-based nonprofit, non governmental organization which creates and preserves affordable housing in northwest Vermont. [1] As of 2019 the Champlain Housing Trust is the largest Community Land Trust in the United States.
The Vermont legislature established the agency in 1974. [1]By 2018, the VHFA had assisted approximately 29,000 people to purchase primary residences; and provided financing, development and management support, subsidy administration and tax credits for about 13,650 units of multifamily rental housing.
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger. Advertisement NBC Universal 30 days ago
Housing Vermont is a not-for-profit syndication and development company founded in 1988. It creates rental housing intended to be permanent and affordable for Vermonters through partnerships with local organizations, public agencies and the private sector. It has produced more than 4,000 apartments in 131 different developments. [1]
RuralEdge, [1] formerly known as Gilman Housing Trust, is a non-profit housing and community-development corporation that focuses on affordability.The corporation has served the Northeast Kingdom for over 30 years with their main focus being to strengthen homes and communities in and around the Northeast Kingdom, in the northeast corner of the U.S. state of Vermont.
It publishes Vermont's state magazine, Vermont Life. The Department of Housing and Community Development offers programs to stimulate and guide sustainable development in Vermont's cities and towns. The department is a central directorate for local and regional land use planning .
Northeast Kingdom Community Action (NEKCA) is an anti-poverty community action agency that helps people in Vermont's Northeast Kingdom meet their basic needs and become self-sufficient. The agency is a partner of the Vermont Department for Children and Families [6] and is primarily funded by federal and state government resources. [7]
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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