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Housing in the news

Housing affordability worsens for renters

Despite reports of lower housing prices associated with the recent economic recession, housing affordability has continued to worsen, particularly for the nation’s working and lower income renters, according to several reports released re

"Solidarity Sleep Out" for homeless youth

A group of business and community leaders will spend the night of March 29th sleeping outdoors, on the grounds of the Burlington Unitarian Church.   Run by Spectrum Youth and Family Services, the sleep out is intended to help raise awareness of youth

Treasury announces $35 million in New Markets Tax Credit awards for Vermont

Emphasizing the importance of economic recovery in distressed areas, U.S. Department of the Treasury's announced last week the award of $3.6 billion in New Markets Tax Credit (NMTC) nationwide, including $35 million for Vermont projects.  

Housing finance agency bonds give best risk-adjusted return among municipal bonds

Since 2009, bonds backed by payments on publicly financed single-family-home loans earned more than all other types of municipal bonds, according to data compiled by Bloomberg.

President’s budget proposes changes to federal housing credit, MRB and HUD programs

The Obama administration sent Congress its FY 2013 budget this week, proposing changes to the housing credit program to provide incentives for creating mixed-income housing and to allow a 30 percent basis boost for some 4 percent credit, tax-

Vermont receives $6.7 million in mortgage settlement

The settlement between the nation's top five mortgage lenders, the states, and the federal government will bring $3.1 million to Vermonters in the form of loan modifications and other relief.   An additional $3.6 million will go to the state's co

Obama administration releases details of new housing plan

Following up the State of the Union address, the Obama administration released details of a plan to help borrowers and support the housing market's recovery.  

Designing the future of Burlington's downtown areas

If you're walking down Church Street in Burlington this week and want to help shape the future of the city's downtown areas, stop by the PlanBTV design charrette underway in the former Ann Taylor store space at 1 Church Street.   

Read more in today's Burlington Free Press or watch a short video about PlanBTV.

Middle America home to the cheapest cities in the country

Most of the metropolitian areas in the United States with the least expensive sales prices for single-family homes in the first quarter of 2011 are in the mid-west, according to a National Association of Realtors study covered by the Washington Post.

See the Post's photo gallery of the ten least expensive cities to buy a home.

Residents gather to start planning for Burlington's future

About 30 Burlington residents gathered at Contois Auditorium last night in the first of a series of public engagement sessions to help plan the future of the city's downtown and waterfront areas.


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