
The Vermont Housing Finance Agency (VHFA), founded in 1974 and located in Montpelier, Vermont, is dedicated to providing affordable housing solutions for the residents of Vermont. Key services include administering various loan programs, fostering public-private partnerships, and overseeing the issuance of mortgage revenue bonds to fund affordable housing development.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VTSHSG 3.75% 2037-11-01 USDVermont Housing Finance Agency | United States | 2037-11-01 | 3.750 | 5.41 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, VHFA has been a crucial player in the state's housing finance landscape, issuing its first bonds in 1977. Notable bond issuances include the series needed to support the construction of low-income housing projects in the 1980s and 1990s, significantly impacting Vermont's housing stock. Current yields on VHFA bonds are competitive compared to industry averages, reflecting the agency's strong creditworthiness and ongoing commitment to housing accessibility. Special features of their bonds often include tax exemptions, making them attractive to retail investors seeking stable income sources amidst evolving market conditions.