Finance

Credit ratings for the single-family programs of state housing finance agencies in the U.S.

Plans for the final development of the block across from VHFA’s offices took a leap forward recently.  On Tues

Emphasizing the importance of economic recovery in distressed areas, U.S. Department of the Treasury's announced last week the award of $3.6 billion in New Markets Tax Credit (NMTC) nationwide, including $35 million for Vermont projects.  

Since 2009, bonds backed by payments on publicly financed single-family-home loans earned more than all other types

Next Thursday, February 2, 2012, Vermont's Joint Committee on Tax Credits will conduct a public hearing to discuss changes to the Qualified Allocation Plan (QAP) used to select the projects that will receive state and federal housing tax credits.

According to a recent study, requiring down payments of at least ten percent is less likely to prevent a mortgage from defaulting than other measures, such as requiring borrower income documentation and prohibiting hybrid adjustable-rate mortgages with “teaser payments”.   

In a paper delivered to Congress last week, Ben Bernanke and his staff describe the complex and interdependent issues hampering today’s housing market.

Between July 2010 and June  2011, VH FA issued more than $3 billion in bonds to finance housing for low and moderate-income Vermont home buyers and renters, overhauled its Housing Data website, and increased the&

During our recent sale of single family bonds, Vermonters’ own investment decisions helped ensured the success of the deal and the continuation of low interest rate VHFA-financing to qualified home buyers.  These AAA-rated, tax exempt bonds, which also benefited from favorable interest rates in late November, totaled $12 million.