Report: Housing costs burden many low-income Vermonters

Vermont’s aging housing stock is inadequate, causing low-income households to spend more of their money on housing than they can afford, according to the 2010 Vermont Housing Needs Assessment.

The report was released at a press event this afternoon at the Vermont Statehouse (pictured).

VHFA Executive Director Sarah Carpenter and Policy and Planning Manager Maura Collins spoke at the event.

Vermont Housing Needs Assessment to be released at press event Tuesday

The Vermont Department of Economic, Housing and Community Development (DEHCD) will release the 2010 Vermont Housing Needs Assessment at a press event Tuesday, Dec. 22.

The event will be held at 1 p.m. in the Cedar Creek Room at the Vermont Statehouse on State Street, Montpelier.

Copies of the report will be available online as PDF downloads soon.

The study focuses on housing needs of the state’s lower-income households, and examines challenges facing special populations, such as seniors and Vermonters with extremely low-incomes.

Report: Housing affordability worsens

chp logoA recent report from the Center for Housing Policy shows housing affordability has worsened, despite dropping home prices.

"Housing Affordability Trends for Working Households" reports the number of working families across the nation with "severe housing cost burdens" rose from 18 to 20 percent from 2005-08.

Annual report available for download

annual report coverVHFA has made our 2009 Annual Report available online.

Download the report now (496 KB; PDF).

To cut costs and save trees, we'll print a limited number of hardcopies this year, which we'll mail to select members of state government in a couple weeks.

Ideas to improve the LIHTC program

lihtc publicationThe Federal Reserve Board has published "Innovative Ideas for Revitalizing the LIHTC Market," a collection of articles exploring ways to allow the Low Income Housing Tax Credit (LIHTC) program help more low-income renters.

Report details recession in Vermont

report coverThe Public Assets Institute in Montpelier has published "State of Working Vermont 2009."

The report, which explores the recession's effects on the Green Mountain State, concludes, "Some hopeful signs suggest that the end of the recession is coming into view — that is, the overall economy is beginning to grow again instead of shrink.

Chronic homelessness report

homelessness report photoWhile Vermont doesn't have any urban area as populated as Portland, Ore., we might have something to learn by reading a recent report published by Living Cities.

"A Human Connection: How Portland, Ore., Made a Big Dent in Chronic Homelessness" tells the story of how Portland reduced its population of chronic homeless by 70 percent between 2005 and '08.

OCC releases reverse mortgage advisory

publication coverThe Office of the Comptroller of the Currency (OCC) has published “Reverse Mortgages: Are They for You?,” a consumer advisory to help folks better understand reverse mortgages.

Champlain Housing Trust publishes performance evaluation

publication cover

Our friends at Champlain Housing Trust (CHT) in Burlington have published "Lands in Trust, Homes That Last."

The 62-page publication is a performance evaluation of CHT written by John Emmeus Davis of Burlington Associates in Community Development LLC and former CHT employee Alice Stokes.

HUD report: Changing face of homelessness

2007 hud reportThe U.S. Department of Housing and Urban Development's (HUD) annual report to Congress today will reflect the changing face of homelessness — one that includes more families and more people in rural areas.


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