Two measures that help address the affordable housing needs of low-income Vermonters are likely to be passed in federal tax and omnibus spending bills on Capitol Hill this month.
Legislative victories expected for housing tax credit and HOME program


Governor Shumlin signed legislation last week that provides up to $5,000 to qualified buyers for closing costs and down payments.
NORTHFIELD—Governor Shumlin signed legislation today that will help Vermonters buying their first home through VHFA by providing up to $5,000 for qualified buyers to cover the costs typically faced at closing due to down payment and closing costs.
On May 5, the bill, S.1193, was introduced.
Economic pressures and demographic shifts are preventing many young Vermonters and their peers nationwide from becoming home owners.
