Last week's press conference at VHFA launched a new statewide down payment assistance program enacted by the Vermont Legislature in May 2015. Since the conference, the program has been in the news across the state, helping to reach Vermonters who might be able to use the program to buy their first home.

Recent local media coverage of the program includes:

Governor Shumlin joined Woodstock residents, local officials, and statewide housing partners yesterday to celebrate the creation of 28 new affordable rental apartments at the Safford Commons complex.  Safford Commons is on the site of the former Grange Hall and church on Route 4 in Woodstock.  While 24 of the new apartments are in newly-constructed buildings, four are in the buildings that already stood on the site 

Cathedral Square Corporation, a nonprofit organization providing housing and services to seniors throughout Vermont, is seeking a Director of Operations who will be responsible for overseeing the operations for all CSC’s properties including but not limited to the financial, social, and structural aspects.  He/she also directs and supervises the Director of Maintenance, Occupancy and Compliance Manager, SASH Team Leaders, and Nursing.

Governor Shumlin joined leaders from VHFA, the Vermont Legislature and the business community today to launch a bold new effort to help the state’s first-time home buyers. Each qualified buyer will receive up to $5,000 for down payment and closing costs. There is mounting evidence that the escalation of these costs in recent years, combined with other economic hardships lingering from the recession, are preventing many young Vermonters from buying their first home.