HUD announced today the release of $21.6 million in community rebuilding funds to Vermont. This is one of the largest single awards of federal disaster relief funds in Vermont's history. The funds were awarded by a newly enacted appropriations bill, through the Community Development Block Grant (CDBG) program.
Middle America home to the cheapest cities in the country
Most of the metropolitian areas in the United States with the least expensive sales prices for single-family homes in the first quarter of 2011 are in the mid-west, according to a National Association of Realtors study covered by the Washington Post.
See the Post's photo gallery of the ten least expensive cities to buy a home.
Residents gather to start planning for Burlington's future
About 30 Burlington residents gathered at Contois Auditorium last night in the first of a series of public engagement sessions to help plan the future of the city's downtown and waterfront areas.
Federal Reserve suggests ways to improve U.S. housing conditions
In a paper delivered to Congress last week, Ben Bernanke and his staff describe the complex and interdependent issues hampering today’s housing market.
Policy makers are challenged to find measures that “adapt the existing housing stock to the prevailing tight mortgage lending conditions” such as encouraging the conversion of foreclosed properties to rental properties and a housing finance system that is both less restrictive than the current environment without becoming as lax as during the prior decade.