By Michael J. Novogradac, CPA
Every year since 1963, May has been a month to appreciate and celebrate the vitality and aspirations of older adults and reflect on their contributions and achievements. This year’s Older Americans Month theme of “Unleash the Power of Age!” emphasizes the important role of this fast-growing segment of the population.
Nearly $3.6 million in annual federal assistance for transitional and permanent housing and supportive to Vermonters who experience homelessness will be renewed. Nationwide, a total of $72 million will be provided, announced HUD Secretary Shaun Donavan yesterday.
National housing expert Nan Roman of the Bipartisan Policy Center told members of the Vermont House General, Housing & Military Affairs Committee today what it will take to strengthen the national mortgage finance system while creating a stable and strong housing market and better meeting the needs of the nation's most vulnerable residents.