• State, Federal and American Rescue Plan Act Funding for Investments in Housing, Conservation, Working Lands Businesses, and Rural Economic Development

    The Governor and General Assembly agreed on a total appropriation of $168.8 million in state and federal funds to VHCB as a result of the 2021 Legislative Session — $14.8 million in base funding and $154 million in supplemental funding including from the federal American Rescue Plan Act State Fiscal Recovery Fund (ARPA-SFR). VHCB will also receive $9.8 million in ARPA funding from HUD through the federal HOME Program targeted to housing those experiencing homelessness during the pandemic. HUD guidance on the program and eligible uses of HOME-ARPA is expected later this year.

    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 assist communities with grant writing services through the Rural Economic Development Initiative.


    VHCB invites applications for the new housing funding according to the following schedule for upcoming information sessions, application deadlines and board meeting dates. 

    Application Due Dates:
    February 25, 2022 for consideration at a board meeting on May 13, 2022

    Frequently Asked Questions
    Please read the Frequently Asked Questions and consider watching the recording of the February 7th information session to learn more about the application process. You can submit questions by emailing @email.

    Eligible Applicants: 

    • Non-profit and Private Housing Developers, municipalities, and cooperative housing organizations are invited to apply for the federal ARPA-SFR funding as well as federal HOME Program and National Housing Trust funding administered by VHCB.
    • Non-profits, municipalities, and cooperative housing organizations are eligible to apply for state VHCB funding, both supplemental and base.

    Information Sessions for Applicants for ARPA-SFR Housing Funds

    VHCB has held three public information sessions to answer questions and to gather feedback on the proposed uses of ARPA-SFR.
    Powerpoint presentation for the Tuesday, February 7th public information session
    Recording of the information session February 7th 

    If you are unable to attend this session, you can submit comments and questions in advance by emailing @email.  The session will be recorded and posted to our website, and both live and pre-submitted questions will be addressed.

    Written Comments received to date

    Focused Areas for Investment with Supplemental Housing Funding
    ($144 million in State General Fund, Property Transfer Tax Revenue, and ARPA-SRF)

    • Fast-track housing for those experiencing homelessness
    • Advancing at more rapid speed the production of mixed-income, multi-family housing
    • Mobile Home Park infrastructure upgrades, park purchases and replacement of abandoned homes in mobile home parks
    • Recovery Residences to help Vermonters coping with addiction
    • Helping renters move into homeownership, relieving pressure on the rental market
    • Addressing a backlog of requests for accessibility improvements through the Vermont Center for Independent Living’s Home Access Program
    • Developing incentives to promote the development of Accessory Dwelling Units across Vermont
    • Farmworker housing repair and replacement program

    More Information/To Apply for Housing Funds:


    Beginning in June 2021, VHCB committed supplemental state funding as well as ARPA-SFR funds, primarily to assist Vermonters experiencing homelessness. These awards are the result of a call for applications issued in spring 2021 in anticipation of state fast-track funding and the need for hundreds of new homes for these households.
    June and July awards of ARPA-SFR funding

    September 2021 awards of ARPA-SFR funding
    January 2022 awards of ARPA-SFR funding