Housing and Community Development stakeholders from across the state gathered in St.

VHFA hosted a conversation with the affordable housing community and policy leaders on April 2  about the challenges in insuring multifamily affordable housing in Vermont and nationally. The two-hour webinar included:

The median sales price of primary homes sold in Vermont reached $325,000 in 2023, increasing by 5% during that period compared to the prior year, according to recent Vermont Property Transfer Tax (PTT) records. This continues a trend in which no county in Vermont has seen a decline in annual home sale prices since 2019.

Seventy-five percent of affordable multifamily housing developments surveyed nationally reported insurance premium hikes over 10% between 2022 to 2023 according to a National Multifamily Housing Council report.