Facts refute the popular story that the nation's foreclosure crisis resulted from financial industry insiders deceiving uninformed mortgage borrowers and investors, according to the authors of a new national-level report from the Boston Federal Reserve Bank.   Borrowers and investors made decisions that were rational and logical given their ex post overly optimistic beliefs about house prices, the aut

According to this morning's Burlington Free Press, developer Tony Pomerleau plans to buy the Shelburnewood mobile home park and allow residents to continue living there. 

What better way to celebrate spring in Vermont than planning a night at the ballpark? 

Tickets for the Thursday, August 2^nd  Lake Monsters game are now available at a discounted price pf $6 through VHFA.   For every ticket VHFA sells, the Lake Monsters will contribut $3 directly to the United Way.  

Next year, Vermont will gain eight qualified census tracts for the purposes of the Low-Income Housing Tax Credit program.   Buildings located in qualified census tracts receive increased funding through the housing credit program because the “eligible basis” can be increased by 130 percent. 

Qualified census tracts have at least 50 percent of households with incomes less than 60 percent of the area median income or have poverty rates of at least 25 percent. 

HUD is making the new designations on the basis of new data from the 2010 Decennial Census and the 2006-2010 American Community Survey.  

Read more on HUD's web site.