VHFA Executive Director Sarah Carpenter joined affordable housing partners and elected officials to celebrate the start of construction of Garden Street Apartments on Market and Garden Streets in South Burlington. The apartments will be built by Snyder Braverman Development and sold to Champlain Housing Trust and Housing Vermont upon completion. The project will create 42 affordable apartments for low-income Vermonters as part of a 60 unit mixed income building. The affordable units will be rented permanently at well below market rates.

A recent report from researchers at Ohio State University and Fannie Mae describes new evidence of ways to extend homeownership sustainably.  Lower income households seeking to purchase homes face many barriers including lack of wealth for down payment.  Further, “after purchasing a home, lower income homeowners are often at higher risk of default due to unaffordable mortgage terms, higher loan-to-value ratios, and fragile household balance sheets,”  the report notes.

The Chittenden County Homeless Alliance has an opening for a detail oriented, consensus building, people-person to serve as a part-time coordinator for the mission to end homelessness in our community. This unique and interesting 20 hours per week position offers a competitive salary and an excellent benefits package. 

In a cooperative arrangement, this position will be based at Vermont Housing Finance Agency (VHFA), located in downtown Burlington, Vermont.

Read more about the position including the full position description and summary of benefits. 

Mutual of America Life Insurance Company is our newest Platinum level sponsor of the 2018 Vermont Statewide Housing Conference. The conference will be held on November 13th and 14th at the Hilton Burlington. Conference registration is now open, with special early bird pricing available for a limited time only.