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President signs housing stimulus bill

Today President Bush signed into law the Housing and Economic Recovery Act of 2008 (HR 3221). The measure provides housing organizations with a number of new tools to help slow home foreclosures and finance affordable houses and apartments.

The new legislation is a major step forward for Vermonters and the nation, according to our Executive Director Sarah Carpenter, but the work isn't finished yet.

HAC presents free workshops

The Housing Assistance Council (HAC) is presenting two free events in our region in August.

"Building Green for Rural Communities" is a day-and-a-half roundtable and tour taking place starting at 2 p.m. Aug. 11.

"Single-Family Housing Development" is a two-day event running Aug. 13-14. Sponsored by HUD, it's open to CHDOs and many CHDO-eligible organizations.

Champlain Housing Trust wins World Habitat Award

Champlain Housing Trust (CHT) has received a World Habitat Award from UN HABITAT.

The United Nations agency, whose goal is to promote shelter for people worldwide, will present CHT officials with the award at its World Habitat Day event, Oct. 6 in Luanda, Angola.

UN HABITAT presents two such awards a year — one in the northern hemisphere and another in the southern — to recognize "practical and innovative solutions to current housing needs and problems."

U.S. Senate passes Housing and Economic Recovery Act

Saturday morning, on a vote of 72-to-13, the U.S. Senate passed the Housing and Economic Recovery Act (H.R. 3221).

The Senate chose not to amend the House-passed bill. It now goes to President Bush, who is expected to sign it.

Help wanted: Financial Analyst

We have an immediate opening for a Financial Analyst in the VHFA Finance Department.

This is an hourly position, working 37¬? hours a week.

Read the full job description and learn how to apply.

DoARH updated

We just performed our latest update to the Directory of Affordable Rental Housing (DoARH).

The DoARH is a searchable online database of all subsidized rental housing in Vermont. It contains data on 12,246 units, as well as manager-submitted vacancy information.

Our latest update revises manager, owner and project information in the database.

Multifamily budget documents updated

Owners and managers of VHFA-financed multifamily properties take note: We've just posted new documents for your 2009 budgets.

As in past years, we're providing you with a memo, instructions and an Excel worksheet — the Form 805. There're also updated documents for mobile home parks — the Form 905.

All these are available for download in the "Forms, documents and memos" section of our Web site.

CVCLT extends mini-grant deadline

Central Vermont Community Land Trust (CVCLT) has extended the deadline for its 2008 Mini-Grants for Central Vermont to Sept. 12.

These grants will range from $500 to $1,000 and will go to community groups or town committees in towns and cities of Washington County and northern Orange County that are working to develop housing-related projects.

Winning financial services proposals selected

We've completed our RFP process to select a firm or firms to provide VHFA with financial advisory services.

VHFA has selected Piper Jaffray, our current financial advisor, to continue in its role as the Agency's General Financial Advisor and Swap Advisor.

We've also selected three firms to act as GIC Bidding Agents for VHFA:

  • Grant Street
  • Lamont Financial Services
  • Pinnacle Financial Group

Read more about this RFP.

Conference details online

We've posted descriptions for the 18 workshops of the 2008 Vermont Statewide Housing Conference, and have started posting speaker bios as they roll in.

The conference is Vermont's premiere housing event, coming around every two years. This year's event will be Tuesday, Nov. 18 at the Sheraton Burlington Hotel & Conference Center in South Burlington.

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