The Center for Housing Policy's "Paycheck to Paycheck" report, released today, ranks Burlington, Vt., the 47th most expensive homeownership market out of 206.
The city ranks the 35th most expensive rental market out of 210.
"Purchasing a home remains unaffordable for many key community workers despite historically low mortgage interest rates and steep drops in home prices," according to a release issued by the center.
Yesterday Mortgage Orb published an article by Phil Hall, Editor of Secondary Marketing Executive, recalling VHFA's Sugar Mae program from the early '90s.
"If Sugar Mae wasn't the right idea for its time, then at least it showed willingness to address thorny local issues in a creative manner," Hall writes. "On that point, it deserves to be remembered."
A new report from Children's HealthWatch in Boston indicates children living in subsidized housing are less likely to be hungry.
The report, "Rx for Hunger: Affordable Housing," is covered in a short article in this month's issue of Affordable Housing Finance magazine.
"The study makes the case that food-assistance programs alone cannot address childhood hunger," the article states. "Affordable housing is part of the solution."
Thanks to attorneys Gensburg, Atwell & Broderick for signing on as the latest sponsor of the 2010 Vermont Statewide Housing Conference.
Signing up early gets your organization more bang for its buck. All sponsorships include your logo on the conference Web site.