The median sales price of primary homes sold in Vermont continued increasing in the first half of 2023, reaching a median value of $315,000 for homes sold during that period, according to recent Vermont Property Transfer Tax (PTT) records. This continues a trend in which no county in Vermont has seen a decline in annual median home sale price during the period from 2019-2022.
Vermont Treasurer's Office makes historic investment in home building
On Wednesday, Governor Phil Scott and Treasurer Mike Pieciak announced a $55.5 million investment in housing, as part of the “10% in Vermont” local investment program.
VHFA will administer $50 million of these funds to construct or rehabilitate an estimated 1,000 homes over the next 2-3 years. The program will support the construction or rehabilitation of traditional affordable housing, market rate apartments, homeownership as well as housing for individuals experiencing homelessness. Additionally, reserves will be made available for households and housing impacted by this summer’s flooding.
Help build the Vermont Zoning Atlas
The Vermont Zoning Atlas team is seeking volunteers to help complete its build-out across the state. This is an exciting opportunity to join a national data standardization project, be part of a grassroots team and be among the first researchers to work with raw zoning data across Vermont. The project started this summer by focusing on Chittenden County towns.
Permanent Supportive Housing Assistance Program survey now open
The Vermont Agency of Human Services (AHS) is currently designing the Medicaid Permanent Supportive Housing (PSH) Assistance Program. This new program is for adults who have Medicaid and who meet certain health and risk criteria. The Program will provide people with access to help getting and keeping housing as well as the support services and connection to resources that provide rental assistance.