VHFA Executive Director Sarah Carpenter appeared in a news segment aired by Vermont Public Radio yesterday and today about the Agency's low delinquency and foreclosure rates.
VHFA has published "Analysis of Impediments to Fair Housing Choice" for the City of Burlington.
The 50-page report, required by Burlington’s consolidated planning process, was last published in 1999.
The report was researched and written by VHFA Research Analyst Leslie Black-Plumeau and returning University of Pennsylvania’s Warton School intern Casey Klyszeiko, under the direction of Policy and Planning Manager Maura Collins. Communications Coordinator Craig Bailey designed it.
Recent analysis of VHFA home loan data shows delinquency and foreclosure rates of VHFA mortgages were considerably lower than rates for Vermont and the nation.
As of June 30, 2010, VHFA home loans that were delinquent by 90 or more days were just 0.94% of all the Agency’s outstanding loans. Vermont’s rate was more than twice as high: 2.05%. The national rate was 4.54%.
The number of VHFA loans in the foreclosure process on June 30, 2010, was 1.37% of all VHFA loans, compared to Vermont’s overall foreclosure rate of 2.71% and the national rate of 4.57%.
Now through the Vermont Statewide Housing Conference, Nov. 18, we’re spotlighting speakers planning to participate in the day’s bevy of workshops. Next up: Jeff Carr, President/Economist, Economic & Policy Resources Inc., Williston.
For the past 22 years Jeff's served in a number of capacities focusing on macro-economic analysis, economic forecasting, forensic economics, economic impact analysis, and fiscal policy analysis for federal, state, and local governments.