Vermont to Hold Information Sessions on Tax Credit QAP Updates

Vermont Housing Finance Agency (VHFA) is in the process of updating the Qualified Allocation Plan (QAP) for 2022 to 2023. As part of its continued public engagement VHFA will hold four virtual informational sessions in August and September for the public to ask questions and provide further feedback on proposed QAP updates.

Proposed QAP changes for 2022/2023 will be presented in two parts over two different sessions listed below:

Informational Session One & Three Topics: Basis Boost, Age-Restricted Housing, Application Process, HUD Subsidy Layering Review standards and limits, Supportive Housing, Developer Fees, Project Cost & VHCB/VHFA Building Design Standards.

August 12 from 1:00 – 3:00 pm ET
https://us02web.zoom.us/j/87107543489
Dial In: 1-646 558 8656 Meeting ID: 871 0754 3489

September 2 from 1:00 – 3:00 pm ET
https://us02web.zoom.us/j/83555195873
Dial In: 1- 646 558 8656 Meeting ID: 835 5519 5873

Informational Session Two & Four Topics: State Credit Priorities, QAP Definitions for Blight and Transitional Housing. Evaluation Criteria, including affordability targeting, access to transportation, site location and community development designation, bedroom count priority and project debt capacity.

August 20 from 10:00 am -12:00 pm ET
https://us02web.zoom.us/j/85849074322
Dial In: 1-646-558-8656 Meeting ID: 858 4907 4322

September 9 from  1:00 – 3:00 pm ET
https://us02web.zoom.us/j/87260007924
Dial In: 1-646-558-8656 Meeting ID: 872 6000 7924

Although the topics will be the same for both sets of sessions, the content in the QAP may evolve between the August and September meetings. VHFA will also be reopening the public comment period in August.

If you have questions or concerns, you may contact development staff via email at developmentdept@vhfa.org or by mail at 164 Saint Paul Street, Burlington, VT 05402.