News

Posted by: Leslie Black-Plumeau on May 29, 2015 - 11:41am

The average student loan balance is $30,000 among Chittenden and Windsor county residents between the ages of 18 and 44. Only three counties in New England rank higher, according to recent research from the Federal Reserve Bank of Boston--Suffolk and Norfolk counties in MA and Grafton County in NH.  

For young Vermonters, a perfect storm of relatively high student debt and VT's high prevailing rents means that many entry level incomes are stretched extremely thin. 

The monthly financial burden of student debt can also make buying a home more difficult without programs designed for first-time home buyers such as those offered by VHFA. 

 

Posted by: Leslie Black-Plumeau on May 28, 2015 - 12:33pm

A final hearing to review the revised Vermont Plumbing Rules with the Vermont Legislative Committee on Administrative Rules has been scheduled for June 11, 2015 at 10 am.

The latest version of the rules is available on the VT Division of Fire Safety website at www.firesafety.vermont.gov

The new rules are likely to take effect on August 1, 2015.

Posted by: Leslie Black-Plumeau on May 27, 2015 - 11:04am

We updated hundreds of estimates pertaining to the housing in Vermont’s communities on the Vermont Housing Data website last week.  Many of these estimates originate from the Census Bureau’s annual American Community Survey.

Visitors to the Vermont housing data profile on-line tool can retrieve information about any Vermont community or county.  The tool generates a community profile that integrates the latest available estimates from the American Community Survey with additional data from other national and state sources such as HUD and the VT Department of Taxes.

Questions about how to use the site or about what you see on the profiles?  Contact VHFA’s Research Department.

Posted by: lori on May 21, 2015 - 1:54pm

Executive Director Sarah Carpenter announced Matthew Harder, Vergennes, VT has joined VHFA as Staff Accountant.

Matt is a recent graduate of the Community College of Vermont and is on course to be awarded a second degree, an AS in Accounting, this July..

Located in the heart of downtown Burlington, VHFA is a socially responsible employer with approximately 38 employees.

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Posted by: Leslie Black-Plumeau on May 19, 2015 - 4:29pm

The amount of income needed to afford a modest apartment puts Vermont among the most expensive states in the country, according to today’s Out of Reach 2015 report, jointly released by the National Low Income Housing Coalition and the Vermont Affordable Housing Coalition. To afford a modest, two-bedroom apartment, Vermont renters are likely to need to earn $20.68 per hour, or $43,017 a year, the report explains, which ranks Vermont as the 13th most expensive state in the country.    

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