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Vermont housing study cites high costs and tight money
The report notes banks favor high down payments and minimum risk borrowers as rates on mobile home and commercial loans rise. It blames zoning and land costs for pushing up prices, limiting low cost homes, and urges subsidies and higher interest ceilings to unlock credit for low and middle income families. It highlights Bennington Shaftsbury Arlington and Manchester as best for multi residential growth amid shortages.
MENTIONED IN THIS ARTICLE
Vermont
Manchester
Stamford
Peru
Shaftsbury
Bennington
Home Mortgage Credit Agency
VHCA
Arlington