When surveyed recently by the Federal Reserve Bank of Boston, service providers chose availability of job opportunities, state and local budget cuts, and federal budget cuts as the top three most important challenges facing low-and moderate-income communities in New England. Access to affordable housing and home foreclosures rounded out the top five most frequently cited responses.
Types of assistance available for Vermonters with storm damage
Vermont residents should apply for assistance to help recover from damage inflicted by Tropical Storm Irene as soon as possible. Some types of assistance have fixed deadlines that are fast approaching while others will simply be available on a first come first serve basis.
1. FEMA
VHFA reduces interest rates for home buyers
We are pleased to announce new lower mortgage interest rates for Vermonters purchasing homes through VHFA's mortgage programs. As of Friday, September 30, 2011, the new interest rates are:
Deadline pushed to October 17th for FEMA infrastructure assistance
Yesterday, FEMA postponed the deadline for registering for infrastructure assistance to October 17th. By this date, government agencies and certain private non-profit organizations needing funds to rebuild infrastructure damages caused by hurricane Irene must register with FEMA.