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Housing in the news

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Chittenden County leaders call for increased production of housing over next 5 years

Building Homes Together  was launched yesterday. It is a collaboration of organizations and communities seeking to remedy some of the most pressing challenges in Chittenden County’s housing market.

“The housing shortage in Chittenden County has been well noted with unhealthy vacancy rates and high rents,” added Charlie Baker, Executive Director of the Chittenden County Regional Planning Commission. “Employers can’t find workers, and workers themselves spend more time in commutes and with a higher percentage of their paychecks on housing costs.” 

High rents put Vermont’s housing wage far above average wage or minimum wage

A modest, two-bedroom apartment costs $1,099, according to the annual Out of Reach report from the National Low-Income Housing Coalition. In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn an hourly “housing wage” of $21.13—far more than Vermont’s minimum wage of $9.60 or the average wage among the state’s renters ($11.79).

The graying of America's homeless

The number of homeless living in the U.S. who are over the age of 50 has jumped recently, and now comprises 31 percent of the nation's total homeless population, according to the New York Times. This is creating "daunting challenges for social service agencies and governments already struggling with this crisis of poverty."

Need an affordable apartment?

Need an affordable apartment or know someone who does?

Metamorphosis begins for once-decaying mobile home park near Vergennes

After sitting vacant for six years, the Gevries mobile home park in Addison County has started redevelopment.  VHFA provided housing tax credits that will cover an estimated 60 percent of the project’s costs and ensure that the new 14-home community will be affordable for low-income renters of all ages. By installing VERMOD high-performance duplex homes, developers Cathedral Square Corporation and Addison County Community Trust anticipate that the neighborhood will achieve net-zero annual energy costs, another critical component of its long-term affordability. 

Need an affordable apartment?

Need an affordable apartment or know someone who does? There are vacancies in 20 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

Need an affordable apartment?

Need an affordable apartment or know someone who does? There are vacancies in 11 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

Cathedral Square awarded $100,000 affordable housing grant

Cathedral Square recently won the Annual TD Charitable Foundation Housing for Everyone Affordable Housing Grant Competition and was awarded $100,000 to help fund the construction of Elm Place.

VerMod company creates employment opportunties (and high-efficiency homes)

Steve Davis, owner of the Wilder-based VerMod company is becoming recognized not just for his company's high quality modular homes but for the employment opportunities he has created for residents of the Hartford Dismas House.

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