Source: Addison Independent, August 5
By Andrea Suozzo
“ADDISON COUNTY — On July 20, Bonnie and Stanley Godfrey closed on a Middlebury home with the help of the Addison County Community Trust (ACCT). With their grown children already out of the nest, the couple had been looking for a modest two-bedroom house that could be made handicap-accessible as they aged. [More ...]
Tags: ACCT, Addison County, Affordability, Middlebury
Source: Times Argus, July 7
By Eli Sherman
“PLAINFIELD – In 1990, when she moved to Vermont from Raleigh, N.C., Amy Lester was surprised at how high the cost of just about everything in New England was. But the high cost of one thing, housing, particularly was a shock.
“I was surprised at the rent even back then.” Lester said. “I was always paying at least 50 percent of my income on rent.” [More ...]
Tags: Affordability, Housing and Wages Report, Housing Market
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
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
By Lisa McCormack
Source: StoweToday, April 29, 2010
“Even in an economic downturn, when rents could normally be expected to decline, decent affordable housing has remained out of reach for many Vermonters, including low and moderate-income workers in Lamoille and Washington counties. [More ...]
Tags: Affordability, Out of Reach
Source: Center for Neighborhood Technology, March 2010
“The unique transportation needs of small town and rural Americans are clear: longer distances between job opportunities, volatile energy prices, and shifting demographics are all impacting the continued prosperity of these communities. While these are similar to the challenges facing metropolitan areas, rural and small-town residents throughout the country are seeking more transportation options and want to ensure that they’re not left behind. [More ...]
Tags: Affordability, Transportation
By Bruce Edwards
Source: Rutland Herald, April 22, 2010
” Vermont continues to rank in the bottom third of states in the country for renters, according to a report released Wednesday by the National Low Income Housing Coalition and the Vermont Affordable Housing Coalition.
The report, “Out of Reach 2010,” ranked Vermont as the 15th least affordable state in the country, with a renter needing to earn $17.70 an hour to afford a two-bedroom apartment in the state at a fair market rent of $920 per month. [More ...]
Tags: Affordability, Housing Wage, Out of Reach
Source: VHFA Housing Matters Blog, April 12, 2010
“Granted, Vermont isn’t Boston, but a recent story in the Boston Globe shows people in Boston who move distances in search of affordable housing often sacrifice those savings in higher transportation costs.
The story, based on a study from the Urban Land Institute, a Washington, D.C., research group, quotes Henry Cisneros (pictured), Secretary of Housing and Urban Development in the Clinton administration and an institute board member: [More ...]
Tags: Affordability, Transportation
VHFA’s Maura Collins and VAHC’s Erhard Mahnke offer counterpoints to Art Woolf’s analysis released yesterday in his Vermont Economy Newsletter. [More ...]
Tags: Affordability, Affordable Housing, Art Woolf, Erhard Mahnke, Maura Collins
©2007-12 Vermont Affordable Housing Coalition (VAHC). All rights reserved.
