Officials from Vermont Housing Finance Agency, Housing Vermont, Champlain Housing Trust, Vermont Housing & Conservation Board, the State of Vermont and others cut the ribbon on Blake Commons in Swanton Village yesterday.
Burlington Free Press: Renters may lose homes
Wharf Lane Apartments, affordable homes to 44 Burlington residents, is in the news again this morning.
The Burlington Free Press published a story in today's issue about the property and the possibility its residents will lose their homes if the building's owner sells.
Read the Free Press story online.
And, see our previous posts:
Housing/wages press conference airs this weekend
Channel 17/Town Meeting TV has added two more airings of last week's press conference for the “Between a Rock and a Hard Place: Housing and Wages in Vermont" report:
- Sunday, June 27, 5:45 AM
- Sunday, June 27, 11:45 AM
Channel 17 serves the communities of Burlington, South Burlington, Essex, Essex Junction, Winooski, Williston, St. George, and parts of Colchester.
Report: Vermont housing some of New England's least affordable
The New England Public Policy Center published a report this month that shows Vermont's housing is some of the least affordable of all New England states.
Specifically, "young professionals" — 25- to 39-year-olds, out of school, holding bachelor degrees or higher — have a harder time affording housing in Vermont than in any other New England state.
In that category, Vermonters' ratio of annual household income to income needed to afford median-priced housing is 1.28. The other New England states' range from 1.29 (Rhode Island) to 1.59 (Maine).
The national ratio is 1.58.