News

Posted by: marina Demas on March 25, 2015 - 9:01am

Cathedral Square, a non-profit organization that provides affordable housing and services for seniors and persons with disabilities, has just purchased a Vermod home in Shelburnewood Mobile Home Park in Shelburne, Vermont. The house is a high-efficiency modest-sized home that is available as a model for touring. If you would like to arrange a tour, please contact Peter Schneider by email: pschneider@veic.org or by telephone: (802)-488-0916

VHFA was delighted to be on a team of researchers that analyzed the statewide market for these and other high efficiency homes. Check out the report. 

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Posted by: Leslie Black-Plumeau on March 24, 2015 - 11:07am

VHFA has an immediate opening for a Staff Accountant within our Finance department.  This is a great opportunity for a highly organized, energetic, team focused individual.  This is an hourly position, working 37.5 hours per week.  Primary responsibilities include accounts payable, cash receipts and assisting the Controller in creating, maintaining and updating various worksheets, detail schedules and trial balances in support of the monthly, quarterly, and annual financial closing process. This position is also responsible for all IRS 1098/1099 yearend reporting and other miscellaneous accounting functions. 

Read more on our Careers page.  If you're interested, please email your cover letter, resume, salary requirement, and references to VHFA's Human Resources Department by April 6th.

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Posted by: marina Demas on March 20, 2015 - 8:10am

Vermont State Housing Authority (VSHA) will be opening its waiting list and begin accepting applications  for the Section 8 Housing Choice Voucher Program on April 1, 2015 at 8:00 a.m.  Beginning April 1, 2015, applications may be obtained by visiting VSHA’s website at www.vsha.org/vsha-programs/rental-assistance-program and clicking on Application for Rental Assistance.  Applications can also be obtained at their office located at One Prospect Street, Montpelier, VT between the hours of 8:00 am. – 4:00 pm. Monday – Friday, or by contacting VSHA’s Intake Office at 802-828-1991.

Posted by: Leslie Black-Plumeau on March 19, 2015 - 11:29am

Vermont has lost more of its middle class households than most states in the country, according to recent research from the Pew Charitable Trusts.  In 2013, 47.4  percent of Vermont households were middle class compared to 52.4 percent in 2000. 

Similarly, the portion of Vermont households paying more than 30% of their income for housing rose during this period.  In 2013, 37 percent of households in the state had this level of “burdensome” housing costs compared to 30 percent in 2000. 

Check out the Pew website to compare Vermont to other states. 

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Posted by: Leslie Black-Plumeau on March 17, 2015 - 1:21pm

In Chittenden County alone, 172 children--140 school-aged children plus 32 children under age 5--were homeless this year, reported the Burlington-based COTS yesterday.  Nationally, the number of homeless children has surged.  Today nearly one in every 30 children in the United States is homeless, according to national reports.

Check out ways to help on COTS website

Posted by: Leslie Black-Plumeau on March 10, 2015 - 9:38am

Are you thinking of buying a home? If so, one of our upcoming home buying seminars may be a great place to start. Vermont Federal and Four Seasons Sotheby's International Realty will walk you through the complete home buying process and answer any of your questions. Vermont Housing Finance Agency (VHFA) will also be onsite to answer questions.

Check-in and refreshments will begin at 6PM, followed by the presentation at 6:30PM. If you would like to attend, please e-mail marketing@vermontfederal.org with the name(s) of attendee(s) and location before the RSVP date below.

Wednesday, March 11 at One Federal, St. Albans
Food - Vegetables and dip, potato skins, chicken wings and tea sandwiches
RSVP by: Friday, March 6
 
Thursday, March 26 – Carols Hungry Mind Café, Middlebury
Food - Pizza
RSVP by: Friday, March 20
 
Thursday, April 9 – South End Kitchen, Burlington
Food - Pizza and salad
RSVP Date: Thursday, April 2
Posted by: Leslie Black-Plumeau on March 10, 2015 - 9:15am

Kellogg-Hubbard Library, ITV and VTPBS present a free preview screening of The Homestretch tomorrow evening, March 11, 2015, at 7:00 pm in Montepelier.

The film features three homeless teens as they brave Chicago winters, high school pressures and live on the streets.

The screening will be followed by a panel discussion and reception.  

The Homestretch premiers on Independent Lens on PBS on Monday, April 13 at 10 pm.

Posted by: Leslie Black-Plumeau on March 6, 2015 - 1:15pm

Governor Peter Shumlin has appointed Randy Amis of Burlington to chair the VHFA's Board of Commissioners.

L. Randolph Amis (Randy), 59, has been an attorney in Burlington, Vermont since 1981.  He is currently with the firm of L. Randolph Amis, Esq., P.C. which has a wide variety of clients in residential and commercial real estate matters, business matters, estate planning and probate actions.

Randy has served on numerous non-profit, community and government boards and committees including the Burlington City Council as Councilor from Ward 5, Champlain Housing Trust, Inc. as President of the Board, Intervale Center, Inc. as Board Member, and Chittenden County Bar Association, as President of the Board.

Randy attended and has degrees from Hamilton College and Vermont Law School. He first came to Vermont in 1977. Randy is married to Jane W. Amis. They have three grown children starting families of their own.                     

“We’re very excited to welcome Randy to the VHFA Board of Commissioners,” VHFA Executive Director Sarah Carpenter remarked.  “His many years of experience with Vermont real estate and his familiarity with our valued partners will be a great asset for VHFA’s Board.”

Amis will be replacing Tom Pelletier who retired as President of Northfield Savings Bank and subsequently also left VHFA’s Board of Commissioners.  Pelletier served on VHFA’s Board for nearly 6 years, most recently as its chairperson.  Also retiring is Thomas Candon, Deputy Commissioner of Banking, who served on VHFA’s Board as the designee of the Commissioner of the Dept. of Financial Regulation for 22 years.

“Mr. Candon and Mr. Pelletier were great leaders on our Board and helped guide VHFA through many industry changes as Vermont emerged from the recession,” Carpenter said.

There are nine members of VHFA’s Board of Commissioners. They include four ex officio members and five members appointed by the Governor of Vermont, representing private and public lending, real estate, housing and community interests.

Posted by: Leslie Black-Plumeau on March 4, 2015 - 11:55am

Seth Leonard’s win in yesterday’s mayor’s race in Winooski was no surprise to his colleagues at VHFA. As the agency's  Homeownership Outreach Coordinator since 2012, Seth has been effectively building partnerships and educating lenders and realtors about the vital tools VHFA offers homebuyers.

The opportunities created by his new role as Winooski mayor coupled with his continous outreach across the state as VHFA's homeownership spokesperson seem fully consistent with Seth's personal philosophy: "To help as many people as you can, and make as big of a difference as your talents allow in people's lives". 

After learning of his victory, Seth shared his ideas and optimism about the future of Winooski with the Vermont media, including VTdigger, Fox44, Seven Days and the Burlington Free Press.

Congratulations, Seth!

Posted by: marina Demas on March 3, 2015 - 12:06pm

In 2014, the Lake Chamber of Commerce, through its Burlington Young Professionals group, created the Young Professionals Advocacy Task Force with a specific focus on housing issues in and around Burlington. The Task Force compiled a survey to better understand the needs and concerns of Vermont's young workforce. 

400 individuals responded to the survey, with the majority of people between the age of 26 and 35. According to the survey results, almost half of those young professionals who responded are dissatisfied with their current living situation. Across all age groups, the primary reasons for their dissatisfaction were the need for more space (58%) and the desire to own but inability to afford it (56%) . The largest chunk of respondents pays between $500 and $1500 per month in rent or mortgage.  Almost half pay more than 30% of their take home income in rental or mortgage payments. Check out the rest of this report. 

VHFA is currently pursuing new ways our programs can work even better for the first time homebuyers many young professionals strive to be. We are excited by bills currently being considered by the Vermont legislature, supported by the Lake Champlain Chamber of Commerce, that would expand VHFA’s ability to offer down payment assistance to first time buyers

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