As a 501(c)(3) nonprofit organization, VHI's operating and development budgets rely on various funding sources, including public and private grants, charitable donations, property donations, and proceeds from VHI's rental properties.

 

VHI depends on the generosity of private donors, without whom our work would not be possible! 

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In 2024, VHI applied for and was awarded an $840,000 grant from the Maine State Housing Authority under the Affordable Housing Initiative for Maine Islands. 

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This important grant enabled VHI to develop four units of year-round affordable housing for island residents at 16 East Boston Road.