HUD announced today that a recent in-depth survey revealed that rents for modest units in the greater Burlington area are 24% higher than originally estimated.  In October 2013, HUD set the monthly fair market rent for a one bedroom apartment in the greater Burlington area at $788, a surprising drop of more than $100 from the prior year’s level.

All are invited to a joint Vermont House and Senate hearing to hear from the Bipartisan Policy Center’s (BPC) Housing Commission on Wednesday, May 1, 2013 from 9:30 to 10:30 am in Vermont State House Room 11.

Today marks the date in 1974 that Gov. Thomas Salmon signed legislation creating Vermont Housing Finance Agency.

In the past 39 years, we've helped about 27,000 Vermonters purchase primary residences; and have provided financing, development and management support, subsidy administration and tax credits to 8,400 units of multifamily rental housing.

Happy birthday to us!

Curious about Vermont's housing and community development priorities for 2013 or how they are developed?  The 2013 Action Plan of Vermont's Consolidated Plan outlines the state's plans for spending the $10 million received each year through four HUD programs.