Nearly $3.6 million in annual federal assistance for transitional and permanent housing and supportive to Vermonters who experience homelessness will be renewed. Nationwide, a total of $72 million will be provided, announced HUD Secretary Shaun Donavan yesterday.
National housing expert Nan Roman of the Bipartisan Policy Center told members of the Vermont House General, Housing & Military Affairs Committee today what it will take to strengthen the national mortgage finance system while creating a stable and strong housing market and better meeting the needs of the nation's most vulnerable residents.
HUD announced today that a recent in-depth survey revealed that rents for modest units in the greater Burlington area are 24% higher than originally estimated. In October 2013, HUD set the monthly fair market rent for a one bedroom apartment in the greater Burlington area at $788, a surprising drop of more than $100 from the prior year’s level.
All are invited to a joint Vermont House and Senate hearing to hear from the Bipartisan Policy Center’s (BPC) Housing Commission on Wednesday, May 1, 2013 from 9:30 to 10:30 am in Vermont State House Room 11.