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Housing in the news

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.

Housing/wages report in the news

sarah carpenter & rob naylorSeveral media outlets covered yesterday's release of the "Between a Rock and a Hard Place: Housing and Wages in Vermont" report:

CNN: National housing shortage

Those of us working in housing in Vermont know there's been an ongoing shortage of housing — especially affordable housing — in our state. CNNMoney published a piece today questioning the possibility of a national shortage.

"The nation is simply not building enough homes to keep up with potential demand," Les Christie writes.

Nicolas Retsinas, Director of Harvard's Joint Center for Housing Studies and the keynote speaker at Vermont's Statewide Housing Conference a few years ago, is quoted in the piece.

Watch today's press conference on Channel 17

This morning's press conference for the 2010 "Between a Rock and a Hard Place: Housing and Wages in Vermont" will air on Channel 17/Town Meeting TV on Comcast Cable and Burlington Telecom tomorrow at 6 p.m.

Channel 17 serves the communities of Burlington, South Burlington, Essex, Essex Junction, Winooski, Williston, St. George, and parts of Colchester.

You'll also be able to watch online, though the video hasn't yet been uploaded.

$4.5 million grant for NeighborWorks of Western Vermont

NeighborWorks of Western Vermont won a $4.5 million grant for innovative energy efficiency and renewable energy programs.

The Rutland County nonprofit housing organization received the grant — one of only 20 nationwide — for its proposal to save energy and create jobs retrofitting homes and municipal buildings.

More Wharf Lane press coverage

Seven Days newspaper's Shay Totten has written a follow-up to his article from a couple weeks ago about Burlington's Wharf Lane Apartments.

The piece, titled "Low-Income Residents Rally to Keep Their Homes," was published on the paper's blog today.

Read the article.

Wharf Lane, VHFA on WCAX-TV

VHFA Executive Director Sarah Carpenter appeared last night in a segment on WCAX-TV Channel 3 about Wharf Lane Apartments in Burlington.

The 37-unit affordable housing complex is home to 46 people. It might lose its affordable designation if the owner sells the property.

Channel 3's Jack Thurston reported the story.

VHFA's Sarah Carpenter on Channel 17

sarah carpenterIf you missed VHFA Executive Director Sarah Carpenter on Mike McNamara's "Housing and Communities" show on Channel 17 last night, you have a few more chances to catch it:


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