Today marked VHFA’s unprecedented release of $20 million in financing for Vermont home buyers with a new, historically low, fixed interest rate of 3.875% for 30-year mortgages. The low rate is available for VHFA’s conventional and government loan programs, and is available exclusively through VHFA participating lenders.
Finance
Groundbreaking set for new apartments at Waterbury state office complex
Mark your calendars for the groundbreaking celebration for South Main Apartments (formerly the state office complex's Ladd Hall) in Waterbury. Senator Patrick Leahy will join developers Central Vermont Community Land Trust and Housing Vermont as the community gathers to kick off the redevelopment of this historic building after the disrepair caused by Tropical Storm Irene.
Welch champions legislation to strengthen Housing Credit program
Congressman Peter Welch visited Bobbin Mill Apartments, an affordable housing renovation project in Burlington, Friday to highlight his legislation (H.R. 4717) to improve the federal Low Income Housing Tax Credit (LIHTC) and stimulate the development and rehabilitation of affordable rental housing in Vermont.
Chittenden County Saves Week is June 15-21
The CASH Coalition of Chittenden County is sponsoring a week of events in celebration of savings! There will be free workshops, classes, and activities to promote the benefit of saving money.
Whether you are saving to buy your first home or planning for your retirement, there are many benefits that come from developing the habit of putting money away for the future.
New index demonstrates stability of Vermont’s single-family housing market
The new “multi-indicator market index”, or MiMi, released by Freddie Mac this week, is a user-friendly tool for looking at the housing stability of markets across the country.
Expertise in low down payment lending helps HFAs fill new gaps
Home buyers across the nation with less than a 20 percent down payment are discovering that their state's housing finance agency (HFA) offers mortgages with the terms they need, according to a recent report from Bloomberg news.
Understanding Tax Credits for Affordable Housing Training Workshop
Please join us on Thursday, April 3, 2014 for an important training opportunity, Understanding Tax Credits for Affordable Housing. The workshop will be held at the Red School House on the Vermont Technical College Campus in Randolph. 9:am-3:30pm. http://www.vtc.edu/right.php/pid/2/sid/283/tid/1260