The nation’s largest mortgage servicers have distributed $26.1 billion in direct relief to nearly 310,000 homeowners, or roughly $84,385 per homeowner as part of the National Mortgage Settlement, according to a progress report released yesterday.
Data and Statistics
NYU study finds housing tax credits serving those with greatest needs
The Low-Income Housing Tax Credit (LIHTC) program serves a significant number of the nation's extremely low-income households, perhaps more so than members of the affordable housing field had anticipated, concluded NYU’s Furman Center for Real Estate and Urban Policy in a report released last week.
Congress Keeps American Community Survey Intact For Now
The continuing resolution passed by the U.S. House and Senate last week will keep the American Community Survey from being eliminated, at least until the resolution expires on March 27, 2013, according to the Association of Public Data Users. Earlier this year, a rider had been attached to the FY 2013 appropriations bills by the House eliminating the American Community Survey.
Seven Days spotlights Burlington’s King Street neighborhood
Check out Seven Days to read about changes occurring in the neighborhoods around Burlington's King Street. With offices in the heart of this neighborhood, VHFA is helping with the redevelopment of the Wharf Lane and Bobbin Mill apartment buildings through loans and tax credits.
Vermont home prices hit bottom
Housing and real estate markets in both the U.S. and Vermont, as measured by home prices are probably close to or just past their "cyclical troughs", according to economists at Kavet, Rockler, and Associates.
Vermont was one of nineteen states that experienced positive year-over-year home price appreciation in the first quarter of 2102, according to the latest report from the economists.