Vermont’s HOME ProgramBuilding Sustainable

CHDO Capacity

• Perpetual affordability

• No Displacement

• Build capacity; serve regions with high unemployment and low per capita income

• Partnership with conservation community

• State Trust Fund; CLT Model; Q.A.P. and Consolidated Plan Priorities

State Housing Policy Environment

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• outreach

• financial support and incentives

• training

• targeted technical assistance

• monitoring and evaluation

• troubleshooting and workouts, as necessary

Components of VT’s CHDO capacity program:

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“VHCB, through its operating support grants and ongoing organizational monitoring, plays an important role in building and maintaining the capacity of individual nonprofits. . .

ICF Report 2004:

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• [VHCB’s] collaborative mentoring approach and flexible underwriting augmented with training and careful organizational monitoring has strengthened the nonprofit industry in Vermont appropriately.”

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ICF Report 2004:

CHDO projects in Vermont

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Vermont CHDOs have developed

nearly 3,000 units of affordable

housing (nearly 1,000 HOME units)

in 70 towns ranging from Vermont’s

largest city, Burlington, to very small

towns, like Groton (population 953).

Groton Community Housing (before)

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In this small

town, pop. 953

a major

revitalization

project, rehab

and new

construction,

transformed the

village center

(before/during)..

Groton Community Housing (after)

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After: The general store, with apartments above and 3 business incubator spaces. 19 apartments; $204,200 HOME award.

Leveraging of HOME funds

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Groton Budget

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1) Raising money locally;

2) Identify properties that are losing money or experiencing high vacancies;

3) Establishing organizational goals and objectives for: • organizational planning• staff/board relations• personnel• finance• contract compliance• technical operating systems• project development• property and asset management• tenant relations • community relations

Examples of CHDO Operating grant requirements:

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Adaptive Re-use: Daly Shoe Building

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The Windham Housing Trust created 29 apartments in the Daly Shoe Building, a former warehouse. The energy efficient retrofit uses solar panels for domestic hot water.

Waterfront Housing, Burlington

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2005 Home Depot Award of Excellence for Affordable Housing Built Responsibly

LEEDS certified: high efficiency building envelope; locally cut and milled flooring; state-of-the-art storm water runoff treatment system; advanced heating and cooling systems; direct line of sight to daylight for more than 90% of occupied space.

• CHDO staff work one-on-one with VHCB staff on financial, personnel, development & administration;

• VHCB pays for consultants to work with CHDOs on specific issues;

• VHCB has sponsored 37 workshops developed in response to an annual survey of CHDOs

VT provides a robust technical assistance program

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The Willard Mill (a former industrial building) City of St. Albans was converted to housing. Energy retrofit with interior foam insulation and aluminum clad windows. Energy performance will allow affordability at oil prices up to $6 a gallon.

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Bellows Falls Family Housing

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Energy use was cut in half after windows were replaced, solar panels for domestic hot water were installed, siding was removed and exterior rigid foam insulation added. The property will be able to maintain affordability at oil prices in the $5/gallon range.

34 affordable apartments and commercial space developed by the Champlain Housing Trust after a fire.

Park Place, Burlington

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16 apartments developed by the Central Vermont Community Land Trust. On the ground floor is a branch of the local library; out back is a ballfield used by the Little League.

Green Mountain Seminary Apts, Waterbury

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Infill Development: Passumpsic View Apartments (before)

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A huge void was left in the center of St. Johnsbury’s downtown when the prominent Daniel’s Block burned to the ground in January 2000. This picture shows the town band preparing to play at the groundbreaking celebration for Passumpsic View Apartments as a neighboring structure, damaged in the fire, looms in the background.

Infill Development: Passumpsic View Apartments (after)

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The newly constructed 4-story building includes 25 senior apartments with rental assistance and 2 commercial spaces along with a large community room.

Howard Block in Bellows Falls (pop. 3,165)

After a fire, the brick apartment building was renovated with CDBG funds, VHCB grants and HOME funds to create 13 affordable apartments and 4 commercial spaces.

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• rade grounds. Also on the site are rental apartments and housing for persons living with AIDS.

Officers Row, Dalton Drive, Essex and Colchester

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Affordable duplexes with conserved parade grounds. Rental apartments and housing for persons living with HIV/AIDS are also on the site.

Cottage Street, Rutland (before)

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This building was demolished during a neighborhood revitalization project. Rehab and new construction created 27 apartments in 7 buildings, using $375,000 in HOME funding.

Cottage Street, Rutland (after)

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These two multi-family apartment buildings, designed to fit the style of the neighborhood, replaced the demolished buildings.

Tuttle Block, Rutland

13 affordable downtown apartments, 2 commercial spaces, and office space for the Housing Trust of Rutland County.

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Conant Square Apartments, Brandon

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4 HOME units in a 19-unit senior housing development - Housing Trust of Rutland County