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Vermonters operate in the uncertainty of the federal government shutdown

Posted by: Leslie Black-Plumeau on 10/8/2013

At Governor Shumlin’s press conference yesterday, VHFA’s Sarah Carpenter and other state leaders, convened to explain short run effects and long run concerns as the federal shutdown continued into its second week.  

Despite the substantial wide-reaching challenges the shutdown creates, most VHFA mortgage programs are not affected at this point.  For this reason, Vermonters preparing to buy a home with VHFA financing are advised to work through the home buying process with their individual mortgage lender.   Home buyers planning to use VHFA’s Government Insured Loan Program through USDA Rural Development should also contact their lender to discuss whether this option is available. 

For more on the impacts of the shutdown, check out the following links:

Pictured:  VHFA Executive Director Sarah Carpenter at far right with Governor Shumlin and colleagues at Camp Johnson on October 7, 2013.  Photo courtesy of @GovPeterShumlin.