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Message from Housing Vermont on its response to the COVID-19 pandemic

To our partners and colleagues,

In an effort to do our part to slow the spread of the COVID-19 virus, and protect our co-workers, families and community, Housing Vermont closed its office as of 6 p.m. Monday, March 16th. Our staff will be working remotely for the next two weeks until March 30, 2020, when we will reassess the situation. We will continue to be reachable and responsive via email and phone during this time.

During this unprecedented public health crisis, Housing Vermont is committed to continuing to serve and support all of our partners and the communities in which we work. We have been closely monitoring the rapidly developing facts and responses to the pandemic and will continue to track federal, state and local directives and guidelines as they are updated. Please look for additional updates from us via email or on our Facebook and LinkedIn pages as the situation continues to evolve.

In the meantime, please see below for the latest updates and changes being enacted by our various departments:

Development: 

We currently have four projects which are under construction; project managers are coordinating with the contractors for safe practices in conducting weekly site visits, which may include virtual visits.  Contractors are implementing procedures, such as hand washing stations, for workers who are on site.

Asset Management:

All annual property site visits will be postponed for the next 30 days.

We will not be conducting any onsite file reviews. For new properties that are coming online in the next few months, Spectrum will be providing the initial file reviews through its online transmissions.  If any partners struggle with this online component while working remotely, please contact Rewa Worthington at rewa@hvt.org for further details.

We are advocating to allow short-term emergency housing within vacant LIHTC apartments, however, that use still remains restricted.  Market apartments and apartments in extended use can be used to provide short-term emergency housing. We will provide notice to managers and general partners if there are any changes.

Financial Services: 

We will continue to be responsive to the needs of our investors during this time.  You may continue to find investor reports on our web portals as usual. Tax returns, K-1s, and audits will be posted as soon as they are available.

Housing Vermont wants to be a support to you and the community in any way we can. Please let us hear from you about what you need in the immediate and how those needs may change over the next days and weeks.

In the meantime, I wish you and yours well during this challenging time.

Please take good care,

 

 

Nancy Owens
President