a nonprofit syndication and development company founded in 1988, creates permanently affordable rental housing for Vermonters through partnerships with local organizations, public agencies and the private sector.
This highly successful partnership has produced more than 4,800 affordable apartments in 155 developments. Housing Vermont has raised and deployed more than $255 million in private equity which has leveraged an additional $352 million in private financing and public investment. Housing Vermont's New Markets Tax Credit program has invested more than $22 million in seven economic development projects in low income areas.
HV Awarded $40 Million in New Markets Tax Credits
The NMTC award will allow Vermont Rural Ventures to continue to provide favorable financing for economic development projects in lower income communities.
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