June is a terrific time to reflect on the importance of homeownership in this country, especially in Vermont where residents are more likely than in most states to own their homes. VHFA is working with local lenders across the state to extend the opportunity to own a home to even more Vermonters through low interest loans from a trusted non-profit source.
Link between race and mortgage denial disparities continues in New England
Black and Latino mortgage applicants from New England continued to experience much higher denial rates than whites and Asians in 2013 and 2014, according to the Federal Reserve Bank of Boston’s recent study. The disparity occurred at every income level.
Photo Contest
Don't forget to enter VHFA's photo contest for your chance to win a $50 gift card to Bed Bath & Beyond.
The graying of America's homeless
The number of homeless living in the U.S. who are over the age of 50 has jumped recently, and now comprises 31 percent of the nation's total homeless population, according to the New York Times.