Vermont

LEGAL NOTICE

NOTICE OF PUBLIC HEARING

Friday, January 28, 2011, 3:00 p.m. – 4:00 p.m. at the Calvin Coolidge Conference, North Lobby, 1 National Life Drive, Montpelier – sixth floor.

The State of Vermont’s Department of Economic, Housing and Community Development will conduct a public hearing in preparation of developing its 2011 Action Plan for the HUD Consolidated Plan for 2010-2015, to hear views about the State’s housing and community development needs, including priority non-housing community development needs and development of proposed activities, and review past performance related to its HUD Consolidated Plan.

The plan constitutes the State’s application for, and outlines priorities for use of approximately $12 million in Federal funding provided annually to the State for the Community Development Block Grants (CBDG), Home Investment Partnerships (HOME), and Emergency Shelter Grants (ESG).  The goals of the plan are to provide decent housing, assure a suitable living environment, and expand economic opportunities for Vermont’s citizens. The State’s Consolidated Plan is available on the Department’s website www.dhca.state.vt.us/housing.

The date of the hearing is The hearing room is handicapped accessible.  Accommodations for persons with disabilities, and interpreters to meet the needs of non-english speaking persons will be made available upon request.  Requests should be directed to Arthur Hamlin at (802) 828-3211; TTY#1-800-253-0191, or in writing to Arthur Hamlin, Housing Program Coordinator, Vermont DEHCD, 1 National Life Drive, 6th Floor, Montpelier, VT  05620 by 4:30 p.m. Thursday January 20, 2011.

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The report indicates a troubled affordable housing market in the state of vermont, noting the following figures:

Vermont has among the very lowest vacancy rates in the nation;
About 62% of the lower income renter households lack housing they can afford;
Of the 26,000 lower income Vermonters who own their homes and have a mortgage, about 82% have housing expenses that consume more than 30% of their incomes

Vermont Housing Finance Agency 2010 Annual Report

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“A $65,000 report commissioned by the administration of Gov. Jim Douglas has re-ignited a heated debate over the efficiency, effectiveness and priorities of Vermont’s affordable housing programs.”

The report makes recommendations for structural as well as policy changes to address a range of issues and to increase the efficiency of the state’s affordable housing programs.  At the core of the report is Vermont’s failure to keep pace with the need for affordable housing, estimated at a rate of “1,000 new units of subsidized housing every year to keep pace with the needs of the state’s 41,000 low-income renter households”.

Read the full story from the Burlington Press:

Will Vermont’s affordable-housing programs see changes?


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