A big thanks to the Vermont Agency of Human Services who is one of our seven diamond sponsors for the 2012 Vermont Statewide Housing Conference.
Housing in the news
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
Several 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.
Read more in today's Burlington Free Press.
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 recent report from Zillow. The incidence of the problem ranges greatly by region, however.
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 Vermont house for the average married couple family in Vermont decreased to 13.1%.
VPR spotlights mobile home residents recovery from recent floods
More than 100 mobile homes in Vermont were destroyed by Tropical Storm Irene and hundreds more were damaged. The age and unique phyical characterstics of mobile homes, siting and land ownership complexities, and limited financing options have presented seemingly insurmountable challenges for Vermonters faced with relocating or making repairs.