The median Vermont primary home sold for $229,000 in 2019, according to Property Transfer Tax records, a 6.5% increase from 2018. This is the largest single year increase in median home prices since before the Recession, and a substantial increase over recent years’ home price growth. Since 2014, Vermont median home prices have increased by an average of 2.7% per year.

VHFA Executive Director Maura Collins was recently interviewed by Anne Wallace Allen of VTDigger.  The interview discussed why housing continues to be a major challenge for Vermont, and how the state and local communities can help make housing more affordable.

Excerpts from the interview are reprinted below:

VTDigger: Why is housing such a problem in so many areas? Is it worse in Vermont?

Vermont Housing Finance Agency (VHFA) is seeking feedback and comments on the Qualified Allocation Plan (QAP) that guides the agency in making housing tax credit allocation decisions. The Agency has opened the initial comment period and will close the period on Friday, April 15, 2020. The current 2020-2021 QAP is available on VHFA’s website.

Caroline Rubin, a graduate student at University of Vermont, has been named the inaugural Vermont Housing Fellow by VHFA.  Rubin will receive a financial stipend to improve and expand information available to decision makers about Vermont housing markets and opportunities. In the process, she will gain valuable experience aiding her professional development.