After one year of entering into a contract with the Agency of Human Services to cover the after-hours emergency housing assistance, more than 1,300 calls were received by Vermont 2-1-1. Of these requests for after-hours emergency housing, 329 callers were eligible for housing assistance. Alternate shelter was found for 451 of the remaining 1,015 callers who did not qualify for emergency housing. The majority of requests for emergency housing are from single individuals.
Housing director dies in tragic accident
Phil Holmes, long-time promoter of affordable multifamily housing at HUD’s Manchester office, died tragically last night in a motorcycle accident.
VHFA multifamily mortgage bond rating returns to A+
Standard & Poor's Ratings Services raised its rating on VHFA's multifamily mortgage bonds from 'BBB+' back to ‘A+’.
"The upgrade is based on recent legislative changes that resulted in these bonds conforming with our moral obligation criteria," said Standard & Poor's credit analyst Henry Henderson.