The Congressional omnibus spending bill, passed at the end of December, had several key housing provisions, including emergency rental assistance and an extension of the period to use federal CARES Act funds. One key inclusion was a permanent minimum 4 percent rate for Housing Credit developments, which could offer nearly $7 million in additional funding for affordable housing projects in Vermont in the next three years alone.
VHFA is hiring!
Vermont Housing Finance Agency (VHFA) is recruiting for an IT Support Specialist. Named one of the “Best Small/Medium Places to Work in Vermont” several times over the last few years, VHFA is looking for an individual with strong communication skills and experience in a Windows client/virtual server environment who will support current IT needs while helping to build the Agency’s future IT infrastructure, maintain our great reputation, and advance our mission.
Segregation in Vermont continues through restrictive housing policies
February is Black History Month. Our nation has a long history of racist housing practices which prevented many Black Americans and other minorities from becoming homeowners and effectively restricted them to living in certain neighborhoods. The impact of these practices is felt to this day, with many cities still largely segregated along the lines originally drawn by redlining.
Home sale prices rise in 2020, fueled by strong second half of the year
Home sale prices in Vermont continued to rise in 2020 amidst the impact of the coronavirus pandemic. The median primary (non-vacation) home sold for $246,000, according to Vermont Property Transfer Tax records.