3 years ago

2011 Annual Report to the General Assembly - Vermont Housing ...

2011 Annual Report to the General Assembly - Vermont Housing ...


photos courtesy of Housing Vermont and the Vermont Land Trust for walking, skiing and hunting, along with 17 acres of lakefront property for public recreational use. Residents and visitors, along with future generations, will benefit from protection of the last undeveloped stretch of shoreline in town. Securing public resources today for permanent public access is a hallmark of vhcb investments. In December, our Board toured the new veterans’ housing project on Canal Street in Winooski that was built by the Committee on Temporary Shelter and Housing Vermont with vhcb funding. The building now provides housing and support services for 30 veterans of the u.s. military. Other projects where vhcb funding was integral include the rebuilding of the fire-damaged Ellis Block in downtown Springfield, the restoration of the vacant, former Ethan Allen manufacturing site in Randolph as affordable housing, the rebuilding of Forest Park (an aging public housing development in Rutland), and the restoration of two historic, long-vacant or under-utilized buildings (a school and a convent) in West Rutland. The Board’s work over the last year has also focused on increasing the energy efficiency of our existing affordable housing portfolio. New Board policies in this area will promote the use of renewable energy sources and will help to enhance the energy efficiency of apartment buildings all across the state. We look forward to working with the General Assembly to help Vermont rebuild and reinvest in the housing and conservation infrastructure that make Vermont such a great place to live and do business. Sincerely, Christine H. Hart Board Chair From top: After a fire the Springfield Housing Authority and Housing Vermont rebuilt 9 apartments above the theater in downtown Springfield, restoring the Art Deco relief; family rental housing in Morrisville developed by the Lamoille Housing Partnership and Housing Vermont; the Duxbury Land Trust conserved acreage at Ridley Brook; new rental housing at Hickory Street (formerly known as Forest Park), a public housing development in Rutland. 2

HOUSING PROGRAMS During state fiscal and calendar year 2011, vhcb and its partners continued to focus on preserving and sustaining existing affordable housing while also creating additional housing to meet the needs of lower-income Vermonters. Special opportunities presented by a three-year housing preservation grant received in 2009 from the MacArthur Foundation and a two-year arra State Energy Program grant allowed us to not only fund new housing but also to focus on the existing portfolio as well. In the last 18 months nearly 800 units of rental housing received some type of housing funding from vhcb in fiscal and calendar year 2011—State funds, home funds, hud Economic Development Initiative Special Project Funds, and/or hud Neighborhood Stabilization Program funds. In addition, vhcb awarded money to the state’s homeownership centers and Habitat for Humanity chapters to facilitate homeownership for 30 Vermont households. A grant to the Vermont Center for Independent Living’s Home Access Program funds accessibility modifications to approximately 84 homes occupied by Vermonters with physical disabilities. At the end of the year, much of the Board’s housing focus was on communities or areas of the state that were adversely impacted by Tropical Storm Irene. During the 18-month period covered by this report, vhcb funding supported the purchase and rehabilitation of five federally subsidized developments with apartments for families, improving the physical environment and preserving long-term affordability. Two mobile home parks were able to make infrastructure improvements and service-supported housing was created for homeless families and individuals and for persons leaving the correctional facilities and recovering from substance abuse. vhcb committed state and federal dollars to rebuild after fires in downtown Springfield and Montpelier, to turn an administrative building in Brandon into housing for families and to demolish and rebuild deteriorated public housing in Rutland. vhcb also funded new Fiscal Year 2011 HOUSING State Funding Commitments $6,127,495 392 units; 28 projects Federal Funding Commitments HOME Program $4,444,664 Housing Vermont photo Lead-Based Paint Hazard Reduction Program $ 573,293 Neighborhood Stabilization Program $1,289,000 . Top: New housing developed in Johnson by Housing Vermont and the Lamoille Housing Partnership. Left: In West Rutland the Housing Trust of Rutland County created 21 affordable apartments in the former St. Stanislaus Kostka School and the adjacent convent. The development is a prototype for energy efficiency in an historic building. 3 Housing Trust of Rutland County photo

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