Research from the U.S. Government Accountability Office (GAO) found that 3.4 million American borrowers used the federal mortgage forbearance provision during the COVID-19 pandemic. The report suggests that forbearance helped reduce the risk of default and foreclosure to improve housing stability, particularly among the low-income and minority households hit hardest by the pandemic.
Ribbon-cutting celebrated for Manchester Knoll and Woodland Station
VHFA joined housing partners in Bennington earlier this week for a ribbon-cutting for Manchester Knoll and Woodland Station. The project, developed by Shires Housing, rehabilitated and preserved 27 affordable apartments located in Manchester and Bennington. The project received federal and state tax credits and a loan awarded by VHFA.
Annual housing report shows disparate outcomes during pandemic
The Joint Center for Housing Studies of Harvard University recently released their annual State of the Nation's Housing report for 2021. The report outlines how the nation’s growth in headship and homeownership rates are being driven by millennials who are just catching up to previous generations in forming independent households. This household growth, however, demonstrates how the pandem
Housing discrimination survey
The Fair Housing Project of CVOEO and the Vermont Human Rights Commission are conducting a survey on the prevalence of housing discrimination in Vermont. The results will be used to design better strategies to ensure fair and equitable housing choice for everyone. The survey deadline is July 30, 2021.