Interested in joining VHFA’s team? We have an immediate openings for a Human Resources Manager.
VHFA is an equal opportunity employer.
Home lending in Vermont compared to New England
A recent study looking at the six New England states’ home lending activity between 2006 to 2010 shows Vermont compared to neighboring states. Some highlights are:
Housing affordability improved in 2011, but challenges remain for single wage-earner households
The low interest rates offered by mortgage lenders during the economic downturn have improved housing affordability, according to an index prepared each year by the Vermont Economy Newsletter. The percentage of income consumed by mortgage payments on the average Vermont house for the average married couple family in Vermont decreased to 13.1%.
VPR spotlights mobile home residents recovery from recent floods
More than 100 mobile homes in Vermont were destroyed by Tropical Storm Irene and hundreds more were damaged. The age and unique phyical characterstics of mobile homes, siting and land ownership complexities, and limited financing options have presented seemingly insurmountable challenges for Vermonters faced with relocating or making repairs.