Development

The Housing Foundation, Inc. is dedicated to the development and preservation of affordable housing in Vermont. As part of this effort, the organization is actively involved in the acquisition, construction, and rehabilitation of multi-unit complexes and mobile home parks throughout the state of Vermont.

HFI accomplishes this objective through the use of public and private financing including grants, traditional borrowing, tax exempt financing, tax credits and charitable contributions.

Through a memorandum of understanding, HFI receives development services from the Vermont State Housing Authority whose staff have a wide background in public and private land planning and development. They also have knowledge of environmental laws, regulations, and permitting.  They are directly involved with projects both technically and hands-on from acquisition through project management.  VSHA staff perform financial, grant writing and grant management services for an array of funding programs.