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Housing in the news

Times Argus: First-time home buyers feel the pinch

The Times Argus published a story today about the slumping economy and its effects on first-time homebuyers.

"For would-be first-time home buyers, the quest to get into that home is more challenging today and likely to remain that way until the economy turns around," Bruce Edwards writes.

VHFA Executive Director Sarah Carpenter, among many other housing partners from across the state, is quoted in the article.

Addison Independent covers lack of jobs, housing

The Addison Independent has published another story in its "Making a Life in Addison County" series, which looks at how residents aged 20-34 live in Addison County.

Today's article, "Lack of jobs, housing strains young adults," looks at two of the biggest factors that determine whether an area is livable.

Read the story online.

Addison County Independent: Vermont facing housing challenges

The Addison County Independent published a story today about the county's housing challenges.

VHFA Policy & Planning Manager Maura Collins, as well as our friends at Addison County Community Trust, NeighborWorks of Western Vermont and John Graham Emergency Shelter, are quoted in the piece.

Read the article online.

Union Square in Valley News

Union Square Apartments, an affordable housing development in Windsor formerly known as Armory Square, was the subject of a story in yesterday's Valley News.

Writer Bret Yager details some of the changes the property has undergone since it reopened under its new name eight months ago following rennovations.

VHFA provided financing and Tax Credits to Union Square.

Read the story online.

Free Press: Vermont tops for weatherization

A story in this morning's Burlington Free Press ("Vermont seeks to leverage success in weatherization numbers") says, "Vermont leads the nation in meeting goals for weatherizing low-income homes using stimulus funds."

The story goes on to to talk about stimulus funds that are helping make homes owned by low-income Vermonters more energy efficient.

Times Argus: Housing market remains tight

The Barre-Montpelier Times Argus published an article today following last month's release of VHFA's annual "Between a Rock and a Hard Place: Housing and Wages in Vermont" report.

"Despite a decline in prices for homes in Vermont for the first time since 1992, the cost of housing continues to be a struggle for Vermonters, particularly first-time home buyers," writes Eli Sherman.

"Vermonters struggling to find housing don't just face challenges affording where they live, but also finding apartments or houses close enough to their jobs."

Wharf Lane update

Seven Days newspaper published another story about Burlington's Wharf Lane Apartments today.

VHFA Policy & Planning Manager Maura Collins is quoted in the piece by Shay Totten.

Read the article online.

AP: Mortgage rates 50-year low; still unaffordable

A story from the Associated Press (AP) today echoes what we wrote in this year's "Between a Rock and a Hard Place: Housing and Wages in Vermont" report: Homes are still unaffordable for many despite lower interest rates.

The AP cites job security, poor credit score and lack of cash as contributing factors to the problem.

Read the story online.

WCAX: Wharf Lane residents work to save homes

WCAX-TV Channel 3 aired a follow-up to its story from a couple weeks ago about Wharf Lane Apartments.

Read the story online.

Burlington Free Press: Renters may lose homes

wharf lane residentsWharf Lane Apartments, affordable homes to 44 Burlington residents, is in the news again this morning.

The Burlington Free Press published a story in today's issue about the property and the possibility its residents will lose their homes if the building's owner sells.

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