A recent report shows that homeowners who received foreclosure mitigation counseling were nearly twice as likely to obtain a mortgage modification and at least 67 percent more likely to remain current on their mortgage nine months after receiving one. This not only helped stabilize the homeowners who would have otherwise lost their home, but also saved servicers considerable time and expense.
Young renters from other Northeastern states prevalent among recent movers to Vermont
The largest migration to Vermont came from New York, followed by Massachusetts, New Hampshire, Florida and Connecticut, according to an article in yesterday's Burlington Free Press based on U.S. Census Bureau 2010 American Community Survey estimates. The article explained that of the recent movers to Vermont,
Farewell to the legacy version of Census Bureau's American FactFinder
For the past year, the Census Bureau has been converting the way users access its information. All information released from the Census 2010, Census 2000, recent American Community Surveys, as well as other sources are available through the new, improved American Factfinder 2.
Want to learn more about census housing data?
The Association of Public Data Users will present an overview of the housing statistics produced by the Census Bureau and general guidance regarding data user challenges in collecting, tabulating, and disseminating housing data.
The webinar is on December 15, 2011, from 2-3 PM.
Your comments needed on Chittenden County ECOS housing and other reports
Reports analyzing Chittenden County's housing needs, economic development, natural resources, transportation, land use, education, public health and energy issues have been completed for the ECOS project. All communities, organizations and residents are encouraged to review and comment on these reports by December
Planning for Burlington's downtown and waterfront
VHFA recently completed an assessment of the demographics, housing stock, and affordability challenges of residents in Burlington's downtown and waterfront neighborhoods.
HUD wants your input!
What more do we need to know to improve housing and community development policy and practice? The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research (PD&R) is formulating its research agenda for the next 5–10 years and would like your input.
Think critically and provide input about the above question as it relates to four targeted topic areas:
Happy 25th Birthday, Housing Credit!
This week marks the 25th anniversary of the Tax Reform Act of 1986, the landmark legislation signed on October 22, 1986 by President Reagan that created the Low Income Housing Tax Credit (Housing Credit). Congress created the Housing Credit to encourage the construction and rehabilitation of affordable apartments for low-income working families by offering owners of such housing a credit against tax liability for 10 years.
Vermont ranks 2nd highest for seasonal units
Only one other state in the country (Maine) has more of its housing stock comprised of vacant, seasonal units. A recent comprehesive report from the Census Bureau on housing characteristics shows that these homes make up 15.6% of Vermont's housing stock--an increase from 14.6% in 2000. Only 3.5% of all homes in the U.S. are vacant, seasonal units.