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Housing in the news

Swanton project featured on VPR

vpr logoYesterday's announcement by the U.S. Department of the Treasury was covered by Vermont Public Radio (VPR).

VPR's Ross Sneyd spoke with VHFA Chief of Program Operations David Adams about the $1.4 million coming to Vermont from the American Recovery & Reinvestment Act to help fund Blake Commons, a 16-unit multifamily affordable housing project in Swanton.

Catching up: Housing stories in the news

After a couple weeks (mostly) off, Housing Matters is catching up with what happened recently in housing-related news.

Champlain Housing Trust (CHT) turns 25
Our friends at Champlain Housing Trust — formerly the Burlington Community Land Trust — were featured in the Burlington Free Press for their 25th anniversary. Congratulations!

You can read the CHT article online.

Burlington Co-Housing featured in Champlain Business Journal

burlington co-housingBurlington Co-Housing East Village (pictured) and other Vermont co-housing developments are written up in this month's issue of Champlain Business Journal.

VHCB praised, legislators thanked, in Herald

In an opinion piece that appeared recently in the Rutland Herald, Vermont Land Trust Executive Director Gil Livingston and Rutland County Community Land Trust Executive Director Elisabeth Kulas thanked legislators for funding the Vermont Housing & Conservation Board.

"Vermont legislators wisely determined that while difficult economic times require serious belt-tightening, our strategic investments in safe, decent affordable housing and our working farms and forests must continue," the two wrote.

Growing demand for housing vouchers

A few Vermont media reported over the weekend on the growing demand for Section 8 housing vouchers.

The most extensive story appeared in the Rutland Herald.

"Local housing authorities are finding themselves caught in a balancing act as they try to accommodate the demand for the program — as the economy has faltered, more and more applications are being received," writes Stephanie Peters.

"The portion of the rent costs the housing authority pays for its voucher holders has also increased as voucher holders join the unemployment rolls"

Wilmington considers options for town plan

As planners for the town of Wilmington consider the next scheduled revision to their town plan, our friends at Smart Growth Vermont are encouraging a plan for growth that preserves the character of the town.

During a presentation to the planning commission last night, Smart Growth Vermont Executive Director Noelle MacKay said the town should be encouraging people to agree they should have safe, decent housing people already living in their community can afford.

Affordable housing grants in the news

The Rutland Herald/Times Argus, Eagles Times, Burlington Free Press and Vermont Business Magazine blog have all published stories about yesterday's announcement of nearly $6 million in grants for affordable housing.

NeighborWorks of Western Vermont to receive $2 million

Our friends at NeighborWorks of Western Vermont will receive $2 million in federal economic stimulus funds to help first-time homebuyers.

The funding comes from the Community Development Financial Institutions Program, part of the recent American Recovery and Reinvestment Act.

The $2 million is part of $6 million being split among three Vermont non-profit organizations: NeighborWorks of Western Vermont, Vermont Community Loan Fund and Opportunities Credit Union.

The federal government is allocating $90 million to 59 organizations in 26 states.

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