KeyBank is our newest Platinum level sponsor of the 2022 Vermont Statewide Housing Conference. For over 20 years, the conference has drawn hundreds of Vermonters interested in affordable housing together. After cancelling the conference in 2020, we are excited to again host an in-person event on November 16th at the Hilton Burlington.
Vermont Homeowner Assistance Program awards $11 million in grants during first six months
Over $11 million of a $50 million program to pay overdue housing costs for homeowners impacted by the pandemic has been disbursed within the first six months of the program. The Vermont Housing Finance Agency (VHFA) launched the Homeowner Assistance Program (HAP) in January 2022 with funding from the federal American Rescue Plan Act. It provides grants of up to $30,000 for income-eligible homeowners.
VHFA releases VHIF Annual Report
VHFA has released its first annual report for the Vermont Housing Investment Fund (VHIF). VHFA established the fund in 2020 in recognition of a growing need for more flexible financing opportunities for affordable housing development.
Vermont home prices continue to increase despite predictions of cooling market
The median Vermont primary home sold for $295,000 throughout the first six months of 2022, compared to $270,000 throughout 2021, a 9.3 percent increase for the first half of the year.