Permanently Affordable Housing

VHCB invests in a broad range of housing solutions by providing grants and loans for the acquisition, rehabilitation, and construction of permanently affordable housing by private and nonprofit housing developers.

Over time, we have contributed to the development of more than 15,000 permanently affordable homes around the state.

VHCB’s investments will continue to provide Vermont residents with healthy, safe, and affordable housing for generations to come.

Affordable Housing & Land Conservation Projects Get Nearly $15M in VHCB Funding

At its May meeting, the Vermont Housing & Conservation Board (VHCB) invested in permanently affordable housing developments and protections for farmland, working forest, and natural areas. The funding decisions will support projects in nine of Vermont’s 14 counties.

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Aerial shot of downtown Bellows Falls, Vermont.

Smart Growth & Investment in Our Downtowns

• Reduces sprawl
• Supports economic and cultural activity in town centers
• Uses existing infrastructure
• Reinforces Vermont’s traditional settlement patterns

To maximize the impact of our investments while minimizing the effects of development on Vermont’s natural landscape, we focus on creating housing in areas with existing infrastructure. Creating new units of affordable housing in our downtowns enables residents to live affordably in areas close to employment opportunities and public transit while allowing easy access to amenities and services.

Energy Efficiency

• Investments in thermal envelope
• Incorporating solar energy
• Electric systems
• Focus on energy-efficient manufactured homes

Our development partners use design standards that meet and exceed state building energy standards. Investing in energy efficient homes means safe, healthy living in a changing climate without a heavy dependence on fossil fuels.

Older women sit at a table in an assisted living space.

Specialized & Service-Supported Housing

Because needs vary so widely, specialized housing with supportive services is essential. In addition to more traditional housing approaches, we provide funding to develop housing for older residents, those in recovery from substance use disorder, survivors of domestic and sexual violence, and persons with physical, developmental, or mental disabilities.
We also provide funding for the Support & Services at Home (SASH) Program, a nationally recognized, team-based program of care coordination shown to improve population health, save Medicare dollars and help people stay (or become) healthy so they can remain living at home.