Submitted by Leslie Black-Plumeau on April 12, 2017 - 3:22pm
Housing developers, business leaders, smart growth policy experts and poverty advocates joined together to support the passage of a $35 million housing bond this afternoon at a press conference at Vermont’s State House in Montpelier.
Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.
Submitted by Leslie Black-Plumeau on March 8, 2017 - 9:40am
Strong financial performance contributed to a rating upgrade to Aa2 for VHFA's multiple purpose bonds from Moody's Investors Service last week. The rating applies to new multiple purpose bonds and all outstanding long-term debt under the multiple purpose bond program.
Submitted by Leslie Black-Plumeau on February 22, 2017 - 3:30pm
The Vermont Agency of Natural Resources is seeking input from the business community about their experiences with permitting and environmental regulation in Vermont. Please share your insights at one of the "listening tour" meetings the Agency is holding over the next two weeks at locations around the state.
Submitted by Leslie Black-Plumeau on July 8, 2016 - 2:48pm
The median price of non-vacation Vermont homes sold during the first six months of 2016 was $200,000, virtually unchanged from 2015. Like prices, the number of sales also held steady compared to the first six months of 2015.
Submitted by Leslie Black-Plumeau on June 28, 2016 - 12:22pm
Building Homes Together was launched yesterday. It is a collaboration of organizations and communities seeking to remedy some of the most pressing challenges in Chittenden County’s housing market.
“The housing shortage in Chittenden County has been well noted with unhealthy vacancy rates and high rents,” added Charlie Baker, Executive Director of the Chittenden County Regional Planning Commission. “Employers can’t find workers, and workers themselves spend more time in commutes and with a higher percentage of their paychecks on housing costs.”
Submitted by Leslie Black-Plumeau on May 20, 2016 - 9:36am
Although most non-vacation condominiums sold each year in Vermont are near Burlington, several towns in other parts of the state also play an important role in this segment of the housing market. About 80 percent of all primary residence condo sales in Vermont each year take place in 10 towns--7 inside Chittenden County and 3 beyond its boundaries.
Submitted by Leslie Black-Plumeau on February 4, 2016 - 11:58am
Chittenden County Regional Planning Commission Executive Director Charlie Baker joined area business leaders this week to discuss the region's growing jobs-housing imbalance. Although the number of people working in Chittenden County has grown to approximately 99,800, there are 11,300 fewer employees living here than in 2002.
Submitted by Leslie Black-Plumeau on July 30, 2015 - 9:36am
Although Census surveys show a clear decline in the national homeownership rate, they don’t show a similar decline for Vermont. At least not yet. Second quarter 2015 estimates show Vermont’s rate at 72 percent, nearly eight and a half percentage points higher than the national 64 percent rate.
Submitted by Leslie Black-Plumeau on July 7, 2015 - 10:41am
The lack of affordable housing in the U.S. has become a “silent crisis” says a new report from the J. Ronald Terwilliger Foundation for Housing America’s Families. The foundation, formed just last month, is led by a bi-partisan group of business leaders, policy makers and financial and housing experts.