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Housing in the news

​New England Federal Credit Union gives $1 million for affordable housing

New England Federal Credit Union (NEFCU) President/CEO John J. Dwyer, Jr. announced today a $1 million grant from NEFCU to Vermont Housing Finance Agency (VHFA) to address the critical need for affordable housing. The money will be awarded by VHFA over the coming year to several housing developments that have funding shortfalls.

Homelessness fell by 12 percent last year in Chittenden County

The annual count of people living in Chittenden County who are homeless decreased by 12% from the previous year, according to the Chittenden County Homeless Alliance. This continues a declining trend that has brought the number of people who are homeless in the county down 45% over the past four years.

Need an affordable apartment?

Need an affordable apartment or know someone who does?  There are vacancies in 23 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

Federal assistance is critical to housing poorest Vermonters

Housing affordability challenges in high-cost cities often overshadow the enormous housing challenges in rural America. Though the situation is more extreme in metro areas, rural areas and small towns also face significant shortages of affordable and available rental housing, as most very low-income Vermonters well know.

Patenaude to be nominated for HUD Deputy Secretary spot

The White House announced today that it intends to nominate Pamela Patenaude to serve as Deputy Secretary for Housing and Urban Development (HUD). Patenaude is currently president of the J. Ronald Terwilliger Foundation for America's Families, an organization that seeks to elevate housing's place on the political agenda.

VHFA awards millions in affordable housing tax credits for upcoming construction but rental housing proposals outweigh available credits 2 to 1

On Monday, April 17, the Vermont Housing Finance Agency (VHFA) Board of Commissioners committed federal Low-Income Housing Tax Credits (LIHTC) and Vermont Affordable Housing Credits that will provide almost $37 million in upfront equity to construct and renovate housing for low-income Vermonters over the next several years.  The $2.5 million in ten-year federal capped credits, $610,000 in ten-year federal u

$35 million bond would have long-lasting benefits

Housing developers, business leaders, smart growth policy experts and poverty advocates joined together to support the passage of a $35 million housing bond this afternoon at a press conference at Vermont’s State House in Montpelier. 

Recommended in Governor Scott's budget proposal, the housing bond would address a significant need for affordable housing in Vermont, help to alleviate homelessness, house the workforce, and provide expanded homeownership opportunities for Vermonters.

Need an affordable apartment?

Need an affordable apartment or know someone who does?

Need an affordable apartment?

Need an affordable apartment or know someone who does?

NPR interviews Secretary Castro about transition to new HUD leadership

HUD Secretary Julian Castro described his hopes for the transition to new leadership during an interview with NPR yesterday. 

A congressional confirmation hearing, scheduled for Thursday, will provide an opportunity for nominee Ben Carson to share his goals for U.S. housing policy. 

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