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Housing in the news

Opinions vary on tax credit's effect

In an article published in yesterday's Barre-Montpelier Times Argus, writer Bruce Edwards quotes a number of housing insiders about the effects of the first-time homebuyer tax credit on home sales in Vermont.

Opinions vary.

VHFA Executive Director Sarah Carpenter is one of many people quoted.

Read the article online.

Nine steps to buying a house

We're always encouraging new homebuyers to attend a class given by the NeighborWorks® HomeOwnership Centers of Vermont. The knowledge you'll gain will be well worth the modest price.

Ludy Biddle, Executive Director of NeighborWorks of Western Vermont, has outlined the nine topics covered by her organization's "Housing 101" course in an article that appeared in the Rutland Herald this weekend.

$2.34 million coming for Rutland housing

More than $2.3 million in federal stimulus money is coming to help the Rutland Housing Authority (RHA) redevelop Forest Park.

"We're one of just a handful of communities that were awarded these public housing transformation dollars and I think that really speaks to the work the community has done," RHA executive director Kevin Loso said in a recent Rutland Herald article.

RHA plans to demolish the existing project and rebuild it as single-family homes and apartments.

Total cost of the project is approximately $21 million.

Tight rental market featured in Seven Days

seven days illustration by sean metcalfSeven Days, the Burlington area's alternative weekly newspaper, made Burlington's tight rental market its cover story this week.

In "Unfair Market," Andy Bromage writes "Burlington ... continues to boast one of the lowest vacancy rates in the country: an astonishing 1.3 percent. In other words, for every 1,000 apartments in the city, just 13 are available for rent at any given time.

Vermont's banking industry in Livin' magazine

livin the vermont way coverThe September/October issue of Livin' the Vermont Way magazine features a story titled "Hunkering Down: Vermont's banks weather the economic storm."

Swanton project in Free Press

In this morning's edition the Burlington Free Press made mention of the $1.4 million in federal funds coming to Vermont for Blake Commons in Swanton.

Read the story online.

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.

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