In a recent press release the Vermont State Housing Authority announced twelve developments have been selected to receive approximately $255,000 (annually) in Section 8 Project-Based Voucher (PBV) rental assistance funds. These awards are for existing housing units and will immediately provide 40 very-low income families affordable housing. The request for Section 8 PBV assistance was highly competitive, with 25 proposals received, requesting a total of 95 PBV’s. Awards were made in communities that have a high level of need for federal housing programs with the highest percentage of renters paying more than 30 percent of household income toward rent. Following is a list of projects receiving funding:
Applicant / Project / Location / PBV Award Housing Vermont/ Waits River Housing / Bradford / 5 Memphremagog Rentals / Memphremagog Rentals / Newport/SJ 2 Rural Edge / Newport / Newport / 1 The Housing Foundation, Inc. / Dogwood Glen I / Northfield / 4 Cathedral Square Corp. / Thayer House / Burlington / 10 Rural Edge / 101 Main Street / Lyndonville / 2 Rural Edge / 86 Raymond St / Lyndonville / 1 Rural Edge / 559 Main St. / Lyndonville / 1 Housing Vermont / Grand Isle Housing / Grand Isle / 5 Housing Trust of Rutland County, Inc. / Stanislaus Apartments / W. Rutland / 4 Stewart Property Management / Salisbury Square / Randolph / 3 Middlebury Housing Associates / Middlebury Commons / Middlebury / 2
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