Community and regional banks, insurance companies and others have invested more than $255 million with Housing Vermont for the benefits they receive from federal and State tax credits. However, a reliable return on investment is not the only reason they become our limited partners. Affordable housing development gives investors an opportunity to help communities build permanent housing resources and strengthen regional economies. Investments in New Markets Tax Credits create jobs in low income communities while stimulating the local economy.
Investors rely upon our asset management and financial reporting. Housing Vermont reviews operating budgets, monitors tax credit compliance, assures that properties are well managed, and creates long term plans to anticipate future needs.