VHFA has started listing houses we have for sale on our Web site.
Our listings consist of foreclosed homes VHFA has acquired from other lending institutions, renovated and are now offering at greatly reduced prices thanks to the Housing Acquisition and Rehabilitation Program (HARP), funded by the Vermont Neighborhood Stabilization Program (NSP).
Our friends across the street at Champlain Housing Trust (CHT) were selected by the U.S. Department of the Treasury to receive a $74,000 grant.
The money will go to explore expansion of CHT's lending program.
The grant comes from the Treasury's Community Development Financial Institutions Fund (CDFI), which works to expand the capacity of financial institutions to provide credit, capital, and financial services to underserved populations and communities.
Our friends at Smart Growth Vermont in Burlington have a new Board of Directors Chairperson. Robin Scheu (top) succeeds founder John Ewing (middle).
Robin is Executive Director of the Addison County Economic Development Corp. in Middlebury. John continues to be an active member of the board.
The Times Argus published a story today about the slumping economy and its effects on first-time homebuyers.
"For would-be first-time home buyers, the quest to get into that home is more challenging today and likely to remain that way until the economy turns around," Bruce Edwards writes.
VHFA Executive Director Sarah Carpenter, among many other housing partners from across the state, is quoted in the article.