June 10, 2010
Vermont Housing Finance Agency
BURLINGTON—Each year approximately 3,000 more Vermonters pay too much for their housing and become "cost burdened," according to the 2010 edition of "Between a Rock and a Hard Place," the annual report tracking housing costs and wages.
The report, written and researched by Vermont Housing Finance Agency, will be released at a press event on TUESDAY, JUNE 15, at Brookside Village, Morehouse Road, off Mallett's Bay Avenue, Colchester, at 10:30 a.m.
The report notes much of the drop in home prices was off-set by higher: fees, down payment requirements and rates for moderate credit scores. Also: Rental prices have held steady in spite of increasing vacancies.
Advance copies of the report are available in PDF format. The reports are EMBARGOED UNTIL 10:30 a.m. JUNE 15. Contact Maura or Craig to request a copy.
WHAT
Press event to release 2010 housing/wages report
Press event to release 2010 housing/wages report
WHEN
Tuesday, June 15, 10:30 a.m.
WHERE
Brookside Village, Morehouse Drive
Morehouse Drive is off Mallets Bay Avenue on the Colchester/Winooski border
WHO
Shap Smith
Speaker of the VT House of Representatives, Morrisville
Richard Walega
HUD Regional Director, Boston
Rob Naylor
Naylor & Breen Builders, Brandon
Brenda Torpy
Champlain Housing Trust, Burlington
Resident
Champlain Housing Trust property
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