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Housing in the news

Burlington’s South Meadow remains perpetually affordable

148 rental units in Burlington’s south end will remain affordable in the long run thanks to its upcoming purchase by Champlain Housing Trust.

VHFA provided a loan and federal Low-Income Housing Tax Credits when South Meadow was initially developed in the 1980s.

Vermont Agency of Human Services sponsors housing conference

A big thanks to the Vermont Agency of Human Services who is one of our seven diamond sponsors for the

How much will new campus housing help renters city-wide?

To look at whether the recent completion of 144 brand new apartments for Burlington’s undergraduates might lead to a permanent easing of Burlington's rental market, Seven Days consulted VHFA’s Sarah Carpenter and other area housing

Some borrowers harmed during foreclosure receive compensation

Borrowers nationwide who think they were financially harmed during the mortgage foreclosure process in 2009 or 2010 may request an independent review and potentially receive compensation.  The deadline for filing applications

Federal HOME program is critical to Vermonters

Recent cuts to the federal HOME program hurt local families as well as the communities in which they live. In a recent publication from the U.S.

Vermonters describe homelessness experiences

Burlington Free PressSeveral Vermonters addressed an audience of agency officials and Vermont Interfaith Action group members on Wednesday to share their experiences with homelessness.   Vermont Interfaith Action is a consortium of a religious organizations. 

Incidence of underwater mortgages varies greatly by region

About 31 percent of American homeowners with mortgages owe more on their mortgages than their home is worth, according to a

VHFA creates affordable housing and jobs through HARP program

This month marks the completion of three years of Vermont’s Housing Acquisition & Rehabilitation Program (HARP)—a program that has helped renovate 55 homes as of March 31, 2012, including the historic St.

Private developer steps in to help Shelburnewood mobile home park

Burlington Free PressAccording to this morning's Burlington Free Press, developer Tony Pomerleau plans to buy the Shelburnewood mobile home park and allow residents to continue living there. 

Housing affordability improved in 2011, but challenges remain for single wage-earner households

The low interest rates offered by mortgage lenders during the economic downturn have improved housing affordability, according to an index prepared each year by the Vermont Economy Newsletter.   The percentage of income consumed by mortgage payments on the average Ve

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