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U.S. House passes funding for National Housing Trust

nht logoLast Friday, the U.S. House passed H.R. 4213, the “Tax Extenders Bill.”

The legislation provides $1 billion for the National Housing Trust Fund (NHTF), which will enable communities to build, rehabilitate, and preserve housing for very low income households.

State housing tax credits on the chopping block

sarah carpenterVermont affordable housing advocates, including VHFA Executive Director Sarah Carpenter, are testifying to the House Ways and Means Committee today.

The subject is the House tax expenditure budget bill, which proposes to eliminate the state Affordable Housing Tax Credit, along with the Charitable Housing Tax Credit and Mobile Home Park Sale Credit.

Rental safety recommendations presented to House committee

sarah carpenterVHFA Executive Director Sarah Carpenter is testifying this morning to the Vermont House General, Housing and Military Affairs Committee on behalf of the Rental Housing Safety & Habitability Committee.

The rental committee was established by Act 176 to make recommendations to the Legislature regarding health and safety issues concerning Vermont's rental housing.

Homebuyer tax credit extension proposed

senator isaksonThere's activity in the U.S. Senate to extend the deadline and amount of this year's tax credit for first-time homebuyers.

Village Haven to be first "Vermont neighborhood"

Last week developers broke ground in Essex Junction on what will become Village Haven, the state's first designated "neighborhood" under the new Vermont Neighborhoods law passed last spring.

Dousevicz Inc. of South Burlington plans to build 18 two- or three-bedroom single-family homes and six duplex homes on the property.

The houses will sell for $258,000 to $320,000.

U.S. House approves Section 8 voucher reform

Yesterday the U.S. House Committee on Financial Services approved the Section 8 Voucher Reform Act of 2009 (H.R. 3045).

The bill would establish a stable, fair and cost-effective funding system for the Section 8 program and ensure no tenant is ever at risk of losing housing assistance because of unexpected budget shortfalls.

The bill would also restore previous assistance levels by authorizing 150,000 new vouchers.

The Section 8 Housing Choice Voucher Program provides rental housing assistance to 2 million low-income families nationwide.

New law: Protection for tenants in foreclosed properties

Last week President Obama signed into law the Helping Families Save Their Homes Act.

The new law, which became effective May 20, provides protections for tenants living in foreclosed properties.

A White House release pertaining to the law says, "One of the often overlooked problems in the foreclosure crisis has been the eviction of renters in good standing, through no fault of their own, from properties in foreclosure.

NCSHA legislative/ regulatory priorities

The National Council of State Housing Agencies (NCSHA), of which VHFA is a member, is a national, nonprofit organization created by the nation's state Housing Finance Agencies (HFAs) to advance through advocacy and education their efforts to provide affordable housing.

Help make sure housing is part of recovery plan

The Federal government is currently working on an economic recovery plan that could amount to $1 trillion.

It's important for the future of affordable housing and the fight to end homelessness that housing is included in that plan.

Our friends at the National Low Income Housing Coalition (NLIHC) suggest you contact your U.S. Representatives and Senators and encourage them to support a plan that includes several housing-related elements:

Village Haven named first "Vermont neighborhood"

Village Haven, a 24-unit development in Essex Junction, has been named the first "Vermont neighborhood" by the state's Downtown Board.

The designation's the result of the Vermont Neighborhoods bill, which was passed this spring to stimulate housing development in downtowns and villages.

Read more in this morning's Burlington Free Press.


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