Disaster recovery

Vermont home prices continued increasing through September 2020

The median price of a non-vacation home in Vermont rose to $244,000, according to Vermont property transfer tax records for homes sold through September 30, 2020. While the 7% increase from 2019 may reflect increased demand from the pandemic’s “race for space,” Vermont is no stranger to rising home prices which have increased steadily since 2014.

Vermont COVID Emergency Mortgage Assistance applications accepted through November 6

November 6, 2020 will be the last day for Vermont homeowners behind on their mortgage payments due to COVID to submit applications for mortgage assistance grants.  Funded by the federal CARES Act, Vermont Mortgage Assistance grants for up to 6 months of missed payments are available to any homeowner who meets eligibility criteria, even if they have already arranged a forbearance agreement. 

United Way invites community to complete health survey

United Way of Northwest Vermont is collaborating with other Vermont United Way organizations and the Larner College of Medicine at the University of Vermont to ask individuals across the state to share priorities and perceptions about the health of our community. The survey will help prioritize community needs in the coming year as Vermont recovers from the COVID-19 pandemic.

Troubled Vermonters will get grants for overdue mortgage payments

When Kimberly Edgar was unable to work due to COVID-19, the new Mortgage Assistance Program offered her a path for keeping her home in Brattleboro. Funded by the federal CARES Act, the program provides qualified Vermont homeowners with grants for up to six months of overdue mortgage and property tax payments.

Vermont housing market remains steady during pandemic

Despite the impact of the coronavirus pandemic, Vermont home prices continued to climb in the first six months of 2020, based on the latest data from Vermont Property Transfer tax records. The median home sold for $234,940, a roughly 3% increase from 2019.

Municipal Engagement for Diversity, Equity, and Inclusion tool now available

The Local Solutions and Community Action Team of the Vermont Governor’s Economic Mitigation and Recovery Task Force created a tool for municipalities and local leaders looking to expand the vibrancy of their communities. The ideas and recommendations in the tool come from Vermonters and in many cases have already been implemented with success in communities across the state.

Webinar on challenges and resources for homeowners on July 31

Champlain Valley Office of Economic Opportunity (CVOEO)'s Fair Housing Project will host a free, hour-long webinar on Friday, July 31 at 12:30 p.m. It will discuss the current state of homeownership and housing in Vermont (including racial inequities), describe how to access community housing data, and will share resources for homeowners affected by the pandemic, including the Vermont COVID Emergency Mortgage Assistance Program.

Vermont COVID-19 mortgage payment grant program expanded

Vermont Housing Finance Agency (VHFA) has announced an expansion of the Vermont Mortgage Assistance Program in order to assist more Vermont homeowners who have fallen behind on their mortgage and are facing economic hardship brought on by the COVID-19 pandemic.

Mortgage Assistance Program webinar on July 23

Vermont Legal Aid will host a free, 30-minute virtual town hall on Thursday, July 23 at 10 a.m. It will discuss the new financial help homeowners affected by COVID-19 can receive through the Vermont Mortgage Assistance Program as well as other programs for homeowners who may be facing foreclosure. VLA Attorney Grace Pazdan will talk about how the program works, who is eligible for assistance, and how to apply, and will answer questions live. Pre-registration is not required. 

Governor's Economic Recovery Task Force announces virtual county forums

The Local Support and Community Action Team of the Governor's Economic Recovery Task Force is launching a series of virtual forums for every county across the state.

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