On Monday, the Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded $14.2 million to 12 projects totaling 92 homes across eight counties as part of the Missing Middle-Income Homeownership Development Pilot Program (Missing Middle-Income Program). The program represents the largest single investment in the state’s history to create new homeownership opportunities.

The median price of a Vermont home jumped to $310,000 in 2022, an historic 15% increase from the prior year.  This is the largest annual percentage increase in the median sales price of primary homes since 1988 when the Vermont Department of Taxes began publishing home sales data.

Executive Director Maura Collins announced that Alyssa Peteani (she/her) of Burlington has joined VHFA in the role of Community Development Underwriter.

Peteani has over eight years of experience working for Champlain Housing Trust (CHT).  As a Senior Loan Officer at CHT, her work involved underwriting and closing loans for the Manufactured Housing Down Payment Program.  She has also worked in the role of Shared Equity Coordinator at CHT.

University of Vermont (UVM) graduate student Magali Stowell Alèman (she/her) has been named the Spring 2023 Vermont Housing Fellow. The Vermont Housing Fellowship program is intended to provide the Fellow with valuable experience aiding her professional development. Stowell Alèman will receive a financial stipend to conduct housing research and help update information on VHFA’s Housing Data website (www.housingdata.org).