HUD approved the VT Consolidated Plan. It was approved with changes that were suggested on the submitted draft. A final draft can be seen at DHCA’s website.
For more information go here VT ConPlan
For PDF of the ConPlan click here VTConPlan
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News
USDA Single Family Loan Guarantee Program to Resume
USDA Single Family Loan Guarantee Program to Resume
Source: USDA & Rural Development, August 23, 2010
Memo by: Tammye Trevino
Congress recently provided USDA with the authority to resume operating the Single Family Housing Guaranteed Loan Program (SFHGLP). When the Agency can resume the issuance of Loan Note Guarantees the new fee for purchase loans will be 3.5%. [More ...]
Tags: guaranteed, Housing, Loan, Rural Development, USDA
Vermont Corrections commissioner testifies in Washington
Source: Burlington Free Press, July 22
“Vermont’s Department of Corrections commissioner testified before the U.S. Senate Judiciary Committee Wednesday, saying Vermont can serve as a model in helping inmates successfully reintegrate into their communities.
Commissioner Andrew Pallito spoke about the state’s inmate mentoring program, Circles of Support and Accountability. [More ...]
Tags: Circles of Support and Accountability, Corrections, Reentry
Outperforming the Market
Source: Champlain Housing Trust Press Release, June 24
“A report released recently by a researcher at Vanderbilt University in partnership with the National Community Land Trust Network found that conventional homeowners were eight times more likely to be in the process of foreclosure than owners of community land trust homes at the end of the 4th quarter of 2009. The Champlain Housing Trust (CHT), a member of the Network and a participant in the study, had no foreclosures in 2009 among its portfolio of 477 resale–‐restricted homes in northwestern Vermont. [More ...]
Tags: Champlain Housing Trust, Foreclosure
Report: Vermont housing some of New England’s least affordable
From VHFA Housing Matters blog, June 23, 2010
“The New England Public Policy Center published a report this month that shows Vermont’s housing is some of the least affordable of all New England states.
Specifically, “young professionals” 25- to 39-year-olds, out of school, holding bachelor degrees or higher have a harder time affording housing in Vermont than in any other New England state. [More ...]
Tags: Affordability, New England, Report, Vermont
Point in Time Count Published
On January 27, 2010, the Vermont Coalition to End Homelessness, in partnership with the Chittenden County Homeless Alliance, conducted the annual one-day count of homeless individuals and families in Vermont. [More ...]
Tags: Homelessness, PIT, Point in Time, Vermont Coalition to End Homelessness
2010 Housing and Wages Report Released
There to comment on the report were Richard Walega, HUD Regional Administrator, House Speaker Shap Smith, Sarah Carpenter, VHFA, Rob Naylor, Naylor and Breen Builders, and Brenda Torpy, Champlain Housing Trust. Photo credit: Craig Bailey, VHFA
The 2010 report, Between a Rock and a Hard Place: Housing and Wages in Vermont, was released Tuesday, July 15, at a press event at Brookside Village in Colchester. There to comment on the report were Richard Walega, HUD’s Regional Administrator, House Speaker Shap Smith, Rob Naylor of Naylor & Breen Builders, and Brenda Torpy of Champlain Housing Trust. [More ...]
Tags: Between a Rock and a Hard Place, Housing and Wages, Report, VHFA
Dream of owning a house elusive for Vermonters
Source: Burlington Free Press, June 16, 2010
By Nancy Remsen
“COLCHESTER — The dream of owning a home remains unattainable for many Vermonters, despite a slight drop in the median purchase price for a house in Vermont as a result of the national housing crisis and economic downturn. Even renting a modest two-bedroom apartment is a stretch for many in the Green Mountain State. [More ...]
Tags: Between a Rock and a Hard Place, Housing and Wages
Home costs show sharp decline in Vt.
Source: Times Argus, June 16, 2010
By Eli Sherman
“MONTPELIER – For the first time in years, the median price of a Vermont home has dropped significantly, yet many residents of the state still find a home out of reach, according to this year’s assessment of how much Vermonters pay for housing. [More ...]
Tags: Affordability, Between a Rock and a Hard Place, Housing and Wages Report, VHFA
