VHFA has three immediate job openings: Development Underwriter, Business Development Coordinator and Research and Communications Coordinator.
You can help Puerto Rico's Caño Martín Peña Community Land Trust
Caño Martín Peña, a sister community land trust to Vermont's own Champlain Housing Trust, needs our help to rebuild the homes it operates for 26,000 lower income San Juan residents.
September's hurricanes have left these homes partly or completely destroyed. Donations will be used to buy construction materials and replace furniture and goods for those who have lost everything.
The Caño residents won last year's United Nations / BSHF World Habitat Award for their Community Land Trust -- joining the Champlain Housing Trust as a past award recipient.
What to know about Vermont's Property Transfer Tax
One closing cost that is required by the State of Vermont is the Vermont Property Transfer Tax. It is applied any time the deed of a Vermont property is transferred to a new owner, yet is hardly mentioned on any of the websites that breakdown Vermont closing costs. Here are a couple things you should know about the Vermont Property Transfer Tax.
The homebuyer pays the tax
When a home purchase closes, the home buyer is required to pay, among other closing costs, the Vermont Property Transfer Tax. The buyer is taxed is at a rate of 0.5% of the first $100,000 of the home’s value and 1.45% of the remaining portion of the value.
Progress update on first year of Building Homes Together campaign
Vermont Governor Phil Scott joined legislative and housing leaders in a press conference last week to update the public on the first year progress of the Building Homes Together campaign.
Goal
In an effort to increase the availability of affordable homes in Vermont, Champlain Housing Trust teamed up with Chittenden County Regional Planning Commission and Housing Vermont to set a goal of 3,500 new homes within 5 years, with 20% of them being permanently affordable.