Definition
Vermont Housing & Conservation Board (VHCB) funds the acquisition, rehabilitation and construction of affordable housing by nonprofit housing organizations. Affordable housing projects eligible for funding include rental housing, rental and ownership coops, mobile home parks, single family homes, shared elderly housing, single room occupancy housing, and group homes. VHCB funds help to leverage federal and private funds to develop housing to serve lower income households and individuals with special needs. VHCB offers a loan and grant program, feasibility funding, and other programs to support affordable home ownership.
