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Housing in the news

Red Clover Commons Groundbreaking Event

Brattleboro Housing Partnership and Housing Vermont broke ground this past Monday on a 55-unit affordable housing project. These two organizations have partnered together to build Red Clover Commons, a three-story senior housing complex located on a 2.8-acre site in Brattleboro. 

Vermont homeownership rate hovers well above declining U.S. rates

Although Census surveys show a clear decline in the national homeownership rate, they don’t show a similar decline for Vermont.   At least not yet.  Second quarter 2015 estimates show Vermont’s rate at 72 percent, nearly eight and a half percentage points higher than the national 64 percent rate. 

Housing is a “silent crisis” says new bi-partisan foundation

The lack of affordable housing in the U.S. has become a “silent crisis” says a new report from the J. Ronald Terwilliger Foundation for Housing America’s Families.  The foundation, formed just last month, is led by a  bi-partisan group of business leaders, policy makers and financial and housing experts. 

New Appraisal Institute Registry for sustainable buildings

A new Appraisal Institute Registry has come out listing both Vermont residential and commercial appraisers who have successfully completed the Appraisal Institute's Valuation of Sustainable Buildings Professional Development Program.

The Brattleboro Co-op / Canal & Main Apartments building receives award

The Brattleboro Co-op / Canal & Main Apartments building received the 2015 Creating Community Action Award through HUD Secretary's Housing and Community Design Awards. This site, located in downtown Brattleboro, was redeveloped by the Brattleboro Food Co-op, Windham & Windsor Housing Trust and HousingVermont.

Rent or buy? Housing experts discuss issues of renting and buying a home in Vermont

The question of whether to rent or buy a home has been a huge issue facing many Vermonters. David Adams, chief of program operations and Leslie Black-Plumeau, research and communications coordinator at VHFA were both interviewed in May by the Champlain Business Journal discussing the issues pertaining to the decision to buy a home in Vermont.

GOVERNOR APPROVES NEW VHFA DOWN PAYMENT ASSISTANCE PROGRAM

NORTHFIELD—Governor Shumlin signed legislation today that will help Vermonters buying their first home through VHFA by providing up to $5,000 for qualified buyers to cover the costs typically faced at closing due to down payment and closing costs. 

Housing Credit Minimum Rate Legislation

On May 5, the bill, S.1193, was introduced. The bill is the Improving the Low-Income Housing Tax Credit Rate Act, which would permanently establish a minimum 9 percent Housing Credit rate and a minimum 4 percent Credit rate for acquisition.

President Obama’s housing plan seeks better financing options for home buyers and rental housing

flagIn addition to federal FHA mortgage insurance program modifications, President Obama announced this week his support for other ways to improve the availability of affordable owner and rental housing, including several initiatives administered by VHFA and partner housing agencies i

What is the market for new, modest-sized, highly energy-efficient homes in Vermont?

High performance homesThis question was recently the focus of a Vermont-based consulting team under the direction of The High Meadows Fund and Efficiency Vermont. The team, composed of VHFA, Energy Futures Group, Milne-Allen Appraisal Company and Fifth Ele

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