By 2030, the Upper Valley region will need to triple the pace of home building and conversions to meet projected demand from existing and future residents, according to the collaborative Keys to the Valley initiative. About one-third of the region’s households are cost burdened by paying more than 30% of their income for their housing.
Towns can help mitigate rising new home prices in Vermont
With difficulties mounting for home builders across the country, Vermont’s new home prices have started increasing at a faster pace. After several years of minimal growth, the median new primary home sold for $388,000 in Vermont in 2020, up $22,000 from the prior year, according to Multiple Listing Service (MLS) data.
Segregation in Vermont continues through restrictive housing policies
February is Black History Month. Our nation has a long history of racist housing practices which prevented many Black Americans and other minorities from becoming homeowners and effectively restricted them to living in certain neighborhoods.
Vermont Legislature and Governor expand options for accessory dwelling units
Vermont sealed the approval of legislation this week to ease the challenges faced by residents seeking to add an accessory dwelling unit (ADU) to existing resident
Webinar on local housing committees on August 21
Champlain Valley Office of Economic Opportunity (CVOEO)'s Fair Housing Project will host a free webinar on local housing committees on Friday, August 21 from 12:30 p.m to 2:30 p.m.
VHFA awards state tax credits for affordable homeownership development
Last week the VHFA Board of Commissioners awarded state housing tax credits for five affordable homeownership development projects. In total, VHFA allocates $1,075,000 in state housing tax credits each year, $425,000 of which was awarded last week for affordable homeownership development. Once sold to investors, those credits will yield approximately $1.9 million in equity for construction.
The ABCs of ADUs: An Informational Webinar
AARP Vermont and HomeShare VT are co-sponsoring a free informational webinar with housing experts and Burlington Planning & Zoning staff on Thursday, June 4th from 12- 1PM.
The webinar will address the benefits of Accessory Dwelling Units (ADUs), share architectural design ideas, the latest zoning regulations passed by City Council, and the steps required to get an ADU permitted and built in the city of Burlington.
Don’t forget to complete the 2020 Census!
Haven’t gotten around to completing the 2020 Census yet? If you did not receive materials in the mail with instructions to complete the 2020 Census, you can follow the link below, which provides comprehensive instructions to complete the process:
Help identify high impact strategies for promoting Vermont’s recovery
The Local Support and Community Action Team of the State of Vermont Economic Mitigation and Recovery Task Force needs your help prioritizing high impact ideas and actions identified by diverse stakeholders for COVID-19 recovery. The task force was established by Governor Scott to help mitigate the short-term economic impacts of the COVID-19 pandemic and develop strategies for