Even though the state’s economy is recovering by many indicators, economists project a continued decline in Vermont home prices and foreclosure rates hovering at an all-time high through at least mid-2011.

Folks from VHFA, Champlain Housing Trust (CHT) and Housing Vermont recently joined residents and other guests in celebrating the completion of improvements to Pleasant Street Apartments in Enosburg Falls.

The number of homeless families in the U.S. rose for the second year in a row, according to The 2009 Annual Assessment Report to Congress recently completed by HUD.

This rise shows the impact of the economic downturn “on the housing stability of low-income and vulnerable Americans,” the report explains.

Union Square Apartments, an affordable housing development in Windsor formerly known as Armory Square, was the subject of a story in yesterday's Valley News.

Writer Bret Yager details some of the changes the property has undergone since it reopened under its new name eight months ago following rennovations.

VHFA provided financing and Tax Credits to Union Square.