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Federal Government Takes Notes of Vermont's Rental Market

Rising rental prices in Vermont have prompted the federal government to consider providing more assistance to housing voucher recipients throughout Vermont, particularly in the Burlington metro area, where two-bedroom apartment rents increased by 16.84% over the past year. The increase in "fair market" rent rates, calculated by the U.S. Department of Housing and Urban Development, exceeded 10% for all Vermont counties in the last federal fiscal year. This recognition of higher rental costs should help more Vermont renters find suitable housing in the very competitive rental market.

For more information on this story check out the article “Housing Vouchers Will Go Further as Federal Government Takes Note of Vermont’s Costly Rental Market” on the website. 

The Lipkin Audette Team has helped thousands of clients buy, sell, and invest in Northwest Vermont real estate. As the top selling Team in Vermont, our goal is to provide you with deep local insight, up-to-the-minute information, and relevant resources necessary to make your purchase or sale an informed, profitable and rewarding experience.