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Vermont Mortgage Assistance Program up and running

bishca logoThe Vermont Banking Division of the Department of Banking, Insurance, Securities & Health Care Administration is now offering Vermonters free, confidential mortgage assistance on its new toll-free number: (888) 568-4547.

The number, part of the new Mortgage Assistance Program, is intended to help Vermonters facing foreclosure explore refinancing and counseling options.

Tom Pelletier joins VHFA Board

tom pelletierGov. Jim Douglas has appointed Thomas N. Pelletier of Montpelier to the VHFA Board of Commissioners.

"Tom's been a highly-respected member of Vermont's lending community for a decade," says Executive Director Sarah Carpenter. "We're all looking forward to the energy and fresh perspective he'll bring to our Board."

Polly Thibault takes first walking award

walkingVHFA Loss Management Specialist Polly Thibault has won the first award in the Agency's current walking program.

Polly won a gift card to Healthy Living Natural Foods in South Burlington for walking the most steps of any staff member last week: 68,687!

We're in the second week of VHFA's eight-week walking program, encouraging staff members to wear Agency-supplied pedometers to count their steps and increase their physical activity.

New report addresses chronic homelessness in Vermont

chronic homelessness reportVHFA has just published "The Costs and Benefits of Assisting Vermont's Chronic Homelessness."

Valley Cares wins national award

Valley Cares (West River Valley Senior Housing & Assisted Living) has won a Charles L. Edson Tax Credit Excellence Award from the Affordable Housing Tax Credit Coalition (AHTCC) in Washington, D.C.

AHTCC presents the awards each year to the most outstanding Housing Credit properties in six categories, celebrating the best in affordable rental housing development.

The West Townshend property won in the Senior Housing category.

Valley Cares will receive a $5,000 grant to develop additional services, facilities, or amenities for its residents.

COTS Walk raises $143,000

This past weekend's COTS Walk raised $143,000 to benefit the Committee on Temporary Shelter (COTS) in Burlington.

The annual 3-mile walk around downtown Burlington raises money and awareness to benefit COTS's mission to provide emergency shelter, services, and housing for the homeless.

Mark your calendar: Next year's COTS Walk is set for Sunday, May 3.

VHFA hosts craft day to benefit United Way

kids craft dayVHFA held its second annual Kids Craft Day yesterday, to benefit the United Way.

Children aged 3-12 participated by making a variety of craft projects and a Mother's Day card in the VHFA Board Room.

By charging each child's parent/guardian a participation fee, the event raised $200 for the United Way of Chittenden County.

Vermont in running for up to $5 million to preserve affordable housing

The John D. and Catherine T. MacArthur Foundation has named Vermont a finalist in a competition for up to $5 million to help preserve and improve affordable housing.

The state's proposal, submitted by Vermont Housing Finance Agency (VHFA) and the Vermont Housing & Conservation Board (VHCB), is one of 21 finalists selected from more than 80 submissions.

Vermont's initiative would use the funding to support state rental housing preservation efforts targeted at more than 8,000 apartments in 123 towns over the next decade.

Staff walking program up and running (or walking)

pedometer"Wellness 2008" continues at VHFA tomorrow with the start of our "Eight-Week Walking Program."

Participating staff are gearing up with pedometers (pictured) to count their steps and measure the miles they walk between May 3 and June 27.

Montpelier Affordable Housing Week coming this month

statehouseMontpelier Mayor Mary Hooper declared the week of May 18-24 "Montpelier Affordable Housing Week."

The mayor's official declaration recognizes "great leadership" among many interests in working "to increase the number of affordable homes in Montpelier.

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