Yearly Archives: 2009

Report Says Housing Costs Burden Many Low-Income Vermonters

MONTPELIER, Vt. - December 22, 2009 - (RealEstateRama) -- Vermont’s aging housing stock is inadequate, causing low-income households to spend more of their money on housing than they can afford, according to a report released today.

Welch supports, House passes unemployment benefit extension, First-Time Homebuyer Credit

Washington, DC - November 5, 2009 - (RealEstateRama) -- Rep. Peter Welch on Thursday voted to provide an additional 14 weeks of unemployment benefits to those hit hardest by the recession and to extend the popular First-Time Homebuyer Tax Credit until the end of April.

Rental Housing Preservation Workshop for Vermont Non-profits: Developers to Focus on Redevelopment Opportunities and...

Montpelier, VT - November 3, 2009 - (RealEstateRama) -- On Thursday, November 12 and Friday, November 13, the Vermont Housing and Conservation Board will present a rental housing preservation workshop at the Best Western Inn of Waterbury for non-profit housing developers.

State Announces $1.3 Million Housing Grant To Burlington

BURLINGTON, Vt. - October 30, 2009 - (RealEstateRama) -- The state has awarded more than $1.3 million to the City of Burlington to purchase...

State To Award $4.3 Million In Grants To Ten Communities

RUTLAND, Vt. - October 30, 2009 - (RealEstateRama) -- A multimillion dollar factory in Barre Town that will produce components for electric and hybrid cars and a blighted public housing project in Rutland were among the winners of $3.6 million in grants awarded by the state Wednesday.

Governor Douglas and VHFA Applaud Treasury Action on Housing Finance Agency Assistance

Montpelier, Vt. - October 21, 2009 - (RealEstateRama) -- Gov. James Douglas and the Vermont Housing Finance Agency (VHFA) applauded the U.S. Treasury Department announcement yesterday to bolster state Housing Finance Agencies (HFAs) and their efforts to stimulate home buying for low and moderate-income homeowners, and provide affordable rental homes.

Welch calls for extension of First-time Homebuyer Tax Credit

Burlington, VT - October 6, 2009 - (RealEstateRama) -- At the Essex home of Lindsey and Matt Wignall, Rep. Peter Welch on Tuesday called for a year-long extension of a tax credit that allowed the Wignalls and hundreds of thousands of other middle class families to buy their first home.

Governor Douglas Names New Commissioner of the Department of Housing, Economic and Community Development

Montpelier, Vt. - October 2, 2009 - (RealEstateRama) -- Governor Jim Douglas today announced the appointment of Tayt Brooks as Commissioner of the Department of Housing, Economic and Community Development.

Top mortgage loan originators, FY09

BURLINGTON, VT - October 1, 2009 - (RealEstateRama) -- Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2009

DMH Awarded SAMHSA Grant to Help End Homeless for Vermonter’s With Mental

BURLINGTON, VT - September 18, 2009 - (RealEstateRama) -- The Vermont Department of Mental Health is pleased to announce a new grant award from the federal Substance Abuse and Mental Health Services Administration to help end homelessness for Vermonters with mental illnesses.

$2.3 Million for Public Housing in Rutland

WASHINGTON, DC - September 3, 2009 - (RealEstateRama) -- Senators Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Congressman Peter Welch (D-Vt.) today announced $2,346,500 in economic stimulus funds for public housing in Rutland.

Governor Breaks Ground At First New Vermont Neighborhood

Montpelier, VT - August 21, 2009 - (RealEstateRama) -- Governor Jim Douglas was on hand as a local developer broke ground at the site of the first new neighborhood created under the housing bill passed last year.

HUD awards nearly $400,000 in HIV/Aids Housing funding in Vermont

Washington, DC - July 22, 2009 - (RealEstateRama) -- Extremely low-income families living with HIV/AIDS in Vermont will receive support in maintaining a permanent affordable home as a result of a $392,009 grant announced today by the U.S. Department of Housing and Urban Development.

Vermont delegation announces $10.3 million in recovery funds to create jobs and provide affordable...

WASHINGTON, DC - July 10, 2009 - (RealEstateRama) -- U.S. Senator Patrick Leahy (D-Vt.), U.S. Senator Bernie Sanders (I-Vt.), and U.S. Representative Peter Welch (D-Vt.) on Friday announced nearly $10.3 million in funding to the Vermont Housing Finance Agency (VHFA) to spur development of affordable housing in Vermont.

Douglas Administration Announces $5.9 Million in Housing Grants

Bellows Falls, Vt.- July 8, 2009 - (RealEstateRama) – Douglas administration officials announced three major affordable housing grants on Tuesday that will create or restore housing in Springfield, Johnson, and Bellows Falls.

Governor Douglas Announces More than $3 Million in Grants for Economic Development, Housing Projects

Barre, Vt. - July 7, 2009 - (RealEstateRama) – A dairy processing plant in Brattleboro; a food processing center in Hardwick; a slaughterhouse in Westminster; and a Barre facility that recycles furniture and other goods for distribution to needy Vermonters were among more than $3 million in job creation grants announced Tuesday.

Vermont Nonprofit Finance Organizations To Receive $6 M. In Stimulus Funds To Leverage Economic...

WASHINGTON, DC - June 30 - (RealEstateRama) -- Sen. Patrick Leahy, Sen. Bernie Sanders and Rep. Peter Welch Tuesday announced that three Vermont nonprofit organizations together will receive $6 million – a hefty share of the national funding total – to spur community development and ease consumer credit as further steps on the path to economic recovery.

Vermont Announces Multi-State Agreement with Mortgage Corporation Taylor, Bean & Whitaker

Montpelier, VT - June 24, 2009 - (RealEstateRama) - The Banking, Insurance, Securities and Health Care Administration today announced a major agreement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called “nontraditional” loans made in 2006.



MONTPELIER, VT - April 28, 2009 - (RealEstateRama) — The recession hasn’t made finding affordable housing for average Vermonters any easier, according to a new report released today.