VHFA Executive Director Sarah Carpenter will appear on Vermont Public Radio's "Vermont Edition" today to discuss subsidized housing.
Sarah will join Vermont Housing & Conservation Board Executive Director and VHFA Commissioner Gus Seelig, Vermont State Housing Authority Executive Director Richard Williams and Seven Days journalist Shay Totten as affordable housing units are in danger of expiring in the future.
VHFA has closed its offices for the day, due to the weather.
We'll reopen for business tomorrow morning at 8.
VHFA has listed for sale a home at 548 Pinehurst St., Lyndonville. The price for the three-bedroom, one-bath house is $99,000, after a $11,000 grant.
This house is the latest to come through the Housing Acquisition & Rehabilitation Program (HARP), where VHFA acquires foreclosed properties from banks, renovates them, and resells them to income-eligible Vermonters.
The U.S. Department of Housing & Urban Development (HUD) reported to Congress yesterday "worst case housing needs" grew by more than 20% from 2007 to '09. That figure represents a growth of 1.2 million households.
“Worst case housing needs” are defined as low-income households that paid more than half their monthly income for rent, lived in severely substandard housing, or both.