This week marked VHFA’s offering of the lowest interest rates in the agency’s history for Vermont homebuyers. Rates as low as 3.0% became available on 30-year mortgages made through VHFA’s programs, available exclusively through its statewide network of participating lenders.
Vermont Housing Finance Agency (VHFA) is proud to announce that it has signed the Vermont Equal Pay Compact through the Vermont Commission on Women. The compact is a pledge by Vermont employers to show their commitment to closing the wage gap. The Vermont Commission on Women offers signers support and strategies for creating an equitable workforce.
The median Vermont primary home sold for $229,000 in 2019, according to Property Transfer Tax records, a 6.5% increase from 2018. This is the largest single year increase in median home prices since before the Recession, and a substantial increase over recent years’ home price growth. Since 2014, Vermont median home prices have increased by an average of 2.7% per year.
VHFA Executive Director Maura Collins was recently interviewed by Anne Wallace Allen of VTDigger. The interview discussed why housing continues to be a major challenge for Vermont, and how the state and local communities can help make housing more affordable.
Excerpts from the interview are reprinted below: