Vermont’s new Mortgage Assistance Program was announced today to help low-income homeowners who have fallen behind on their mortgage and are facing economic hardship brought on by the COVID-19 pandemic. The program will provide up to three monthly mortgage payments directly to the servicer of the mortgage with a goal of preventing future foreclosure.

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Research conducted by VHFA for the 2020-2025 Vermont Housing Needs Assessment reveals that Vermont’s non-White households fare worse than White households according to numerous economic and housing-related metrics.

Newly released data from the 2020 Point-in-Time Count in January found 1,110 people experiencing homelessness in Vermont, a slight increase from the prior year. That number has increased to over 2,000 people during the COVID-19 pandemic, according to the Vermont Coalition to End Homelessness.