Sen. Bernie Sanders issued a statement this afternoon saying he will "vote against a budget agreement that cuts public housing by $605 million and eliminates financial counseling when homeowners need it most."
This morning, the National Council of State Housing Agencies (NCSHA), National Association of Home Builders, National Association of Realtors, Mortgage Bankers Association, and others, released a set of "Principles for Restoring Stability to the Nation’s Housing Finance System."
The principles state:
The City of Burlington's Question #8 passed 4,102/1,753 during last week's Town Meeting Day.
You might remember from last week's post ("VAHC urges 'Yes' on Burlington's Question #8") the question dealt with sending a message to Montpelier urging the Legislature to pass a bill protecting at-risk assisted Vermonters and their housing.
The Vermont Affordable Housing Coalition (VAHC) urges Burlington voters to vote "Yes" on Question #8 in tomorrow's Town Meeting Day vote.
The question asks whether or not to send a message to the Legislature to pass a bill protecting at-risk assisted Vermonters and their housing.
The Vermont Affordable Housing Coalition is seeking to raise $1,500 for its "Save Our Homes" campaign aimed at encouraging the Vermont Legislature to adopt affordable housing preservation legislation.
The funds will go toward producing an information piece in support of a Town Meeting Day ballot item for Burlington voters to send the word to the Statehouse.
Quick follow-up to yesterday's post about the Burlington City Council voting last night to add a question to the March ballot urging Vermont lawmakers to pass housing preservation legislation ("Support affordable housing at tonight’s Burlington City Council meeting").
The Council unanimously approved the measure.
The Vermont Affordable Housing Coalition (VAHC) is encouraging Burlington residents to attend tonight's Burlington City Council meeting and speak out in support of affording housing in Vermont.
The Council is considering adding a question to Burlington's March ballot urging Vermont lawmakers to protect 300 affordable housing units in the Queen City by passing preservation legislation.
According to VAHC, more than 2,500 affordable units are at risk statewide.
Yesterday the U.S. Senate Banking, Housing and Urban Affairs Committee voted unanimously to support the Frank Melville Supportive Housing Investment Act of 2010 (S.1481). The legislation reforms the U.S. Department of Housing & Urban Development's (HUD) Section 811 Supportive Housing for Persons with Disabilities.
Congress has granted homebuyers three additional months to close on their properties and still be eligible for federal tax credits.
The bill could be signed into law by President Obama as early as this morning.
The legislation would give buyers until Sept. 30 to complete their home purchases and still qualify for up to $8,000 in tax credits. Previously, buyers had until April 30 to sign a sales contract; June 30 to close.
Last Friday, the U.S. House passed H.R. 4213, the “Tax Extenders Bill.”
The legislation provides $1 billion for the National Housing Trust Fund (NHTF), which will enable communities to build, rehabilitate, and preserve housing for very low income households.