Research shows a new way of considering the impact of rising house prices: higher prices mean higher incomes for existing homeowners’ children as they age. Unfortunately, the increase in prices also reduces the earning levels of renter’s children in the future. “The results show that a 1 percentage point increase in house prices, when children are 17-years-old, results in roughly 0.8 percent higher annual income for the children of homeowners, and 1.2 percent lower annual income for the children of renters,” the report states.

Vermont will be able to permanently house 15 more homeless Veteran households in affordable housing with supportive services available thanks to a recent award to the Vermont State Housing Authority. The funding is from the U.S. Department of Housing and Urban Development's (HUD) Veterans Affairs Supportive Housing Program (HUD-VASH) program and is a coordinated effort by HUD and the Veteran’s Administration (VA) providing funding to local housing agencies.

Yesterday the U.S. Census Bureau released new, detailed demographic information for Vermont.  

This information includes the most detailed counts available so far from the 2010 Census, including cross-tabulations of age, sex, households, families, relationship to householder, housing units, detailed race and Hispanic or Latino origin groups, and group quarters. The statistics are available for a variety of geographic areas, with most tables available down to the neighborhood block level.

VHFA Senior Development Underwriter Cindy Reid (right) and others cut the ribbon yesterday on the newly-renovated Springfield Cinemas 3.

The theatre, damaged by fire three years ago, opened in time to show what will likely be the biggest movie of the year: "Harry Potter and the Deathly Hallows, Part II."

Housing Vermont and Springfield Housing Unlimited led the $3.5 million redevelopment of the block, which includes nine affordable housing units.