HUD
Consolidated Plan
The Department has
received HUD approval of its Consolidated Plan update
for 2009-2010. The plan outlines the State's priorities
for use of funds provided to the State for the Community
Development Block Grants (CBDG), Home Investment Partnerships
(HOME), Emergency Shelter Grants (ESG), and Housing
Opportunities for Persons with AIDS (HOPWA). The goals
of the plan are to provide decent housing, assure a
suitable living environment, and expand economic opportunities
for Vermonters.
The State was also
approved for $3.4 million in homelessness prevention
and rapid re-housing funds available through the federal
recovery act. more

Funding Sources
for Housing
The Department's Vermont
Community Development Program
administers the HUD Community Development Block Grant
for housing, economic development, public facilities
and services, and home access modification projects.
more

"HOME" funds
(Federal Home Investment Partnerships) received by the
Department are distributed by the Vermont
Housing & Conservation Board for acquisition
and rehabilitation, new construction, mobile home parks,
and organizational support for nonprofit housing developers.
Fully
half of the state's funding for affordable housing development
comes from equity generated through Federal Housing
Credits (LIHTC). The Department works with the Vermont
Housing Finance Agency (VHFA) through the Joint
Committee on Tax Credits, which allocates tax credits
awarded to Vermont.
The
Vermont Community Loan
Fund provides loans to affordable housing developers
and community service providers for housing and community
facilities that serve Vermonters earning 80% of the
median income or less. Projects include single and multifamily
housing, mobile home parks, elder care facilities and
community art centers.
Vermont
Coalition to End Homelessness & Interagency Council
Homelessness is growing
in Vermont, especially among working families. The annual
point in time count on January 28, 2009 counted 2,568
homeless individuals including more than 750 children.
More people are homeless and remain homeless for longer
periods of time than in the past. more

Homelessness
Prevention and Rapid Re-housing Funds (HPRP) and Substantial
Amendment to the Vermont 2008 HUD Consolidated Plan
more

Read
the latest Housing Council and Vermont Housing Awareness
Campaign report 2009 Update of "Between
a Rock and a Hard Place - Housing and Wages in Vermont".
Other
Resources on Homelessness